Adolesco Preparatory Academy Inc

Analysis

Adolesco Preparatory Academy Inc is a registered charity in United States, based in Tickfaw, LA. 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 December 2023, Adolesco Preparatory Academy Inc reported income of $360k and spending of $331k, spending 92% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $105k to $360k (+243%), an average of +51% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Adolesco Preparatory Academy Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within LA. Charities of a similar size with the same main cause include Agia Sophia Academy ($360k), Mia Bella Child Disovery Center Inc ($360k) and Killingworth Library Association Inc ($360k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. At year end it held assets of $127k against liabilities of $4,293, net assets of $122k.