Case Preparatory Academy

Analysis

Case Preparatory Academy is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in March 2021, 5 years ago. 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, Case Preparatory Academy reported income of $3.8m and spending of $3.8m, spending 101% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $3.4m to $3.8m (+11%), an average of +5.2% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Case Preparatory Academy sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within OH. Charities of a similar size with the same main cause include Childhood Leukemia Foundation Inc ($3.8m), Assistance League of Long Beach ($3.8m) and Ronald McDonald House Charities of Alabama ($3.8m).

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 $1.1m. At year end it held assets of $3.0m against liabilities of $2.2m, net assets of $810k.