South Columbus Preparatory Academy

Analysis

South Columbus Preparatory Academy is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in August 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, South Columbus Preparatory Academy reported income of $3.6m and spending of $3.9m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $3.6m (+107%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 40%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Columbus Preparatory Academy sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within OH. Charities of a similar size with the same main cause include Shepherds Gate Corp ($3.6m), Davis Educational Foundation ($3.6m) and Constellation Schools Madison Community Elementary ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $3.7m against liabilities of $4.7m, net assets of -$1.1m.