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PROSPECT SCHOOLS INC is a nonprofit organization focused on providing comprehensive management services to Brooklyn Prospect Charter School while raising funds to support its educational mission. With an operating budget of $10.4 million and total revenue of $10.7 million for the 2024 filing year, the organization demonstrates a significant financial scale in the realm of charter school education. It does not rely on any single funder for 50% or more of its revenue.
Mission Statement
TO PROVIDE COMPREHENSIVE MANAGEMENT SERVICES TO BROOKLYN PROSPECT CHARTER SCHOOL AND TO RAISE FUNDS IN SUPPORT OF THE SCHOOL.
Cause Areas
2
Charter school education
Education
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is PROSPECT SCHOOLS INC’s budget?
In 2024, PROSPECT SCHOOLS INC reported an annual operating budget of around $10.4 million. More detailed financial information is available to registered users.
What causes does PROSPECT SCHOOLS INC support?
PROSPECT SCHOOLS INC supports work in Charter school education and Education.
Where does PROSPECT SCHOOLS INC operate?
PROSPECT SCHOOLS INC is headquartered in BROOKLYN, NY.
Who funded PROSPECT SCHOOLS INC recently?
In 2025, PROSPECT SCHOOLS INC received grants from AMERICAN ONLINE GIVING FOUNDATION INC, CHARTER FUND INC D/B/A CHARTER SCHOOL GROWTH FUND, and CHARTER FUND INC D/B/A CHARTER SCHOOL GROWTH FUND. More information on this organization’s funders is available to registered users.
What is the largest grant PROSPECT SCHOOLS INC received in 2024?
The largest grant to PROSPECT SCHOOLS INC in 2024 exceeds $700 thousand.
What is PROSPECT SCHOOLS INC’s reliance on government grants?
PROSPECT SCHOOLS INC relied on government grants for more than 10% of their total revenue in 2024.