Chavez Huerta K-12 Preparatory Academy

Analysis

Chavez Huerta K-12 Preparatory Academy is a registered charity in United States, based in Pueblo, CO. It received its IRS tax-exemption ruling in February 2001, 25 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, Chavez Huerta K-12 Preparatory Academy reported income of $29.0m and spending of $14.7m, leaving 49% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.3m to $29.0m (+181%), an average of +30% a year. The sharpest change came in the year to June 2023, when income rose by 123%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chavez Huerta K-12 Preparatory Academy sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CO. Charities of a similar size with the same main cause include Cary Academy ($29.0m), Ascend Learning Inc ($29.0m) and Bastyr University ($29.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 34% of the total. Other salaries and wages came to $6.8m. At year end it held assets of $87.3m against liabilities of $68.8m, net assets of $18.5m. It reported 240 employees.