Spartanburg Preparatory School
Spartanburg, South Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Below Average
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $7,316,811↓2% | $7,885,239↑3% | $12,872,168↓6% | — |
| 2022 | $7,485,170 | $7,658,351↑1% | $13,623,452↓8% | — |
| 2021 | $7,460,007↑23% | $7,588,350↑18% | $14,756,294↑1% | — |
| 2020 | $6,079,567 | $6,405,408↑20% | $14,616,551↑87% | — |
| 2019 | $6,067,370↑16% | $5,335,361↑17% | $7,832,011↑9% | — |
| 2018 | $5,229,018↑25% | $4,571,798↓5% | $7,158,785↑6% | — |
| 2017 | $4,185,291↑9% | $4,831,495↑21% | $6,751,829↓20% | — |
| 2016 | $3,843,039↑7% | $4,002,307↑13% | $8,455,400↑226% | — |
| 2015 | $3,579,204↑6% | $3,527,159↑13% | $2,591,094↑9% | — |
| 2014 | $3,366,282↑12% | $3,116,248↑17% | $2,367,780↑5% | — |
| 2013 | $2,994,393↑9% | $2,656,099↑13% | $2,245,414↑21% | — |
| 2012 | $2,759,762↑23% | $2,351,846↑35% | $1,860,130↑23% | — |
| 2011 | $2,240,061 | $1,747,729 | $1,518,109 | — |
Frequently Asked Questions
What does Spartanburg Preparatory School do?▼
Spartanburg Preparatory School is a education nonprofit organization based in South Carolina. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Spartanburg Preparatory School financially healthy?▼
Based on our 9-metric Financial Health Score model, Spartanburg Preparatory School has a score of 37/100 (Grade: C). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Spartanburg Preparatory School generate?▼
Spartanburg Preparatory School reports $7.2M in annual revenue and holds $12.4M in total assets, based on IRS filings.
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