Calvary Meridian Prep Academy Inc

Analysis

Calvary Meridian Prep Academy Inc is a registered charity in United States, based in Meridian, ID. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Calvary Meridian Prep Academy Inc reported income of $1.1m and spending of $990k, spending 92% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $358k to $1.1m (+199%), an average of +199% a year. The sharpest change came in the year to June 2024, when income rose by 199%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Calvary Meridian Prep Academy Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within ID. Charities of a similar size with the same main cause include Los Angeles Unified School District Education Foundation ($1.1m), Heritage Behavioral Health Systems Inc ($1.1m) and Columbia - Greene Community College Foundation Inc ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.0% and program service revenue 98% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.