Innova Preparatory School

Analysis

Innova Preparatory School is a registered charity in United States, based in Hattiesburg, MS. It received its IRS tax-exemption ruling in September 2021, 5 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 December 2023, Innova Preparatory School reported income of $791k and spending of $801k, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.0m to $791k (-24%), an average of -13% a year. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Innova Preparatory School sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within MS. Charities of a similar size with the same main cause include Leelanau Childrens Center Inc ($791k), HR Ministries ($791k) and School City of Mishawaka Education Foundation Inc ($791k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. At year end it held assets of $235k against liabilities of $0, net assets of $235k. It reported 21 employees.