Arrow Preparatory Academy

Analysis

Arrow Preparatory Academy is a registered charity in United States, based in Edmonds, WA. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Arrow Preparatory Academy reported income of $396k and spending of $311k, leaving 22% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $244k to $396k (+63%), an average of +28% a year. The sharpest change came in the year to June 2022, when income rose by 37%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arrow Preparatory Academy sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within WA. Charities of a similar size with the same main cause include Tennessee School Plant Management Association ($396k), Kenston Forest School Foundation Inc ($396k) and North Star Self Directed Learning for Teens Inc ($396k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 81% of the total. Other salaries and wages came to $213k. At year end it held assets of $170k against liabilities of $0, net assets of $170k. It reported 10 employees.