Navajo Preparatory School Inc

Analysis

Navajo Preparatory School Inc is a registered charity in United States, based in Farmington, NM. It received its IRS tax-exemption ruling in March 1992, 34 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, Navajo Preparatory School Inc reported income of $10.6m and spending of $12.5m, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.2m to $10.6m (+29%), an average of +6.6% a year. The sharpest change came in the year to June 2021, when income rose by 65%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Navajo Preparatory School Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 97th percentile within NM. Charities of a similar size with the same main cause include Passaic Hebrew Institute ($10.6m), University Urology Inc ($10.6m) and America Achieves Inc ($10.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $734k (5.9% of expenses). Other salaries and wages came to $5.2m. At year end it held assets of $35.5m against liabilities of $287k, net assets of $35.2m. It reported 179 employees.