Spartanburg Preparatory School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,079,567 | 6,405,408 | −325,841 | 3.3 | 48% |
| 2021 | 7,460,007 | 7,588,350 | −128,343 | 2.6 | 43% |
| 2022 | 7,485,170 | 7,658,351 | −173,181 | 2.2 | 52% |
| 2023 | 7,316,811 | 7,885,239 | −568,428 | 1.3 | 51% |
In its most recent public year (2023), this organization spent $568,428 more than it brought in. Its reserves stood at about 1.3 months of spending, down from 3.3 in 2020. Staff pay was 51% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works