Accelerated Prep

Analysis

Accelerated Prep is a registered charity in United States, based in Lakewood, CO. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Accelerated Prep reported income of $146k and spending of $122k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $174k to $146k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 73% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Accelerated Prep sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within CO. Charities of a similar size with the same main cause include Camp Whitley Inc ($145k), Blessed Sacrament Color Guards ($146k) and Kedron Youth Association Inc ($145k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.9% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.