Freedom Prep Academy - Mesa

Analysis

Freedom Prep Academy - Mesa is a registered charity in United States, based in Gilbert, AZ. It received its IRS tax-exemption ruling in February 2022, 4 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, Freedom Prep Academy - Mesa reported income of $2.1m and spending of $1.7m, spending 81% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $1.8m to $2.1m (+12%), an average of +6.0% a year. The sharpest change came in the year to June 2023, when income rose by 26%. 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, Freedom Prep Academy - Mesa sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within AZ. Charities of a similar size with the same main cause include Ybmc ($2.1m), Reachout Inc ($2.1m) and Autism Spectrum Center for Educational and Neurological ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $215k (13% of expenses). Other salaries and wages came to $124k. At year end it held assets of $902k against liabilities of $139k, net assets of $763k. It reported 28 employees.