Tucson Preparatory School

Analysis

Tucson Preparatory School is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in August 2000, 26 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, Tucson Preparatory School reported income of $1.7m and spending of $1.6m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $1.7m (+20%), an average of +4.6% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tucson Preparatory School sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within AZ. Charities of a similar size with the same main cause include Summers-Knoll School ($1.7m), Memphis Brand Office ($1.7m) and Great Lakes Boat Building School ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $80k (4.9% of expenses). Other salaries and wages came to $670k. At year end it held assets of $1.4m against liabilities of $362k, net assets of $1.0m. It reported 19 employees.