Midwest Prep Academy Inc

Analysis

Midwest Prep Academy Inc is a registered charity in United States, based in Cicero, IL. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Midwest Prep Academy Inc reported income of $100k and spending of $93k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $36k to $100k (+181%), an average of +181% a year. The sharpest change came in the year to December 2023, when income rose by 181%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Midwest Prep Academy Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 38th percentile within IL. Charities of a similar size with the same main cause include Berks Gymanastic Team Inc ($100k), Ashwaubenon Girls Softball Association Inc ($100k) and Hockey Commissioners Association Inc ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.