Flintridge Preparatory School

Analysis

Flintridge Preparatory School is a registered charity in United States, based in LA Canada FLT, CA. It received its IRS tax-exemption ruling in August 1953, 73 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, Flintridge Preparatory School reported income of $31.8m and spending of $29.5m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $28.8m to $31.8m (+11%), an average of +2.6% a year. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Flintridge Preparatory School sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Mathematics Science & Technology Community Charter School ($31.8m), McLean School of Maryland Inc ($31.9m) and Slam Florida Inc ($31.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $849k (2.9% of expenses). Other salaries and wages came to $12.6m. At year end it held assets of $83.2m against liabilities of $10.9m, net assets of $72.2m. It reported 224 employees.