Southeastern Preparatory Academy Inc

Analysis

Southeastern Preparatory Academy Inc is a registered charity in United States, based in Winter Park, 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Southeastern Preparatory Academy Inc reported income of $668k and spending of $549k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $114k to $668k (+488%), an average of +488% a year. The sharpest change came in the year to December 2023, when income rose by 488%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southeastern Preparatory Academy Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Kingwood Montessori School Inc ($667k), The National Press Club Journalism Institute Inc ($668k) and CTC International Inc ($667k).

Other salaries and wages came to $164k. At year end it held assets of $184k against liabilities of $66k, net assets of $118k.