Huber Heights Preparatory Academy

Analysis

Huber Heights Preparatory Academy is a registered charity in United States, based in Parma, OH. It received its IRS tax-exemption ruling in June 2020, 6 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, Huber Heights Preparatory Academy reported income of $2.4m and spending of $2.4m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $438k to $2.4m (+457%), an average of +77% a year. The sharpest change came in the year to June 2021, when income rose by 215%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Huber Heights Preparatory Academy sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within OH. Charities of a similar size with the same main cause include Heritage Christian Schools of Ohio Inc ($2.4m), Powell Butte Community Charter School ($2.4m) and Napa Valley Farmworker Foundation ($2.4m).

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 $641k. At year end it held assets of $2.0m against liabilities of $2.2m, net assets of -$168k.