Virtual Preparatory Academy of Florida Inc

Analysis

Virtual Preparatory Academy of Florida Inc is a registered charity in United States, based in Kissimmee, FL. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Virtual Preparatory Academy of Florida Inc reported income of $6.4m and spending of $6.4m, spending 99% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $2.2m to $6.4m (+196%), an average of +196% a year. The sharpest change came in the year to June 2024, when income rose by 196%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Virtual Preparatory Academy of Florida Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Elev8 Baltimore Inc ($6.4m), Friends of Classical Charter Schools Inc ($6.4m) and High School for Recording Arts ($6.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $2.4m. At year end it held assets of $4.5m against liabilities of $4.4m, net assets of $35k.