Tri-Cities Prep-A Catholic High School Under Patronage of St Thoma

Analysis

Tri-Cities Prep-A Catholic High School Under Patronage of St Thoma is a registered charity in United States, based in Pasco, WA. It received its IRS tax-exemption ruling in March 1946, 80 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, Tri-Cities Prep-A Catholic High School Under Patronage of St Thoma reported income of $2.2m and spending of $2.6m, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $2.2m (+3.0%), an average of +0.7% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tri-Cities Prep-A Catholic High School Under Patronage of St Thoma sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within WA. Charities of a similar size with the same main cause include Catholic Community Schools ($2.2m), Mariposa Language and Learning Academy ($2.2m) and New York School of the Arts Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 76% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $5.2m against liabilities of $487k, net assets of $4.7m. It reported 58 employees.