Public Charity

CARAVEL ACADEMY INC

CARAVEL ACADEMY INC is a nonprofit organization categorized as Public Charity based in BEAR, DE. Its most recent IRS filing (2025) reports revenue of $13.5M, expenses of $12.6M, total assets of $20.3M. Imperigo tracks 2 reported grant relationships connected to this organization totaling approximately $16K.

EIN: 222602110 BEAR, DE Latest filing: 2025
Total Revenue$13.5M
Total Expenses$12.6M
Total Assets$20.3M
Grant Records2
Funding Total$16K
Filing Years2021–2025

Mission

Caravel Academy, a private college preparatory school, upholds the values of honesty, personal integrity and good sportsmanship. Caravel Academy is a coeducational non-profit school of approximately 1200 pupils.

Officers & Directors

FinOfficer/SecT Carol P Manubay
President Dorothy M Peoples
Head of School George G Lamey
Vice President Harrison B Peoples
Vice President Paul S Manubay
Vice President Robert C Peoples

Officer compensation and complete director data available with membership.

Top Grant Purposes

CHARITABLE DONATION
$11,159 1 grant
GENERAL SUPPORT
$5,170 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $13.5M $12.6M $20.3M
2024 $12.3M $11.7M $17.5M
2023 $11.3M $10.8M $15.9M
2022 $10.5M $10.5M $14.4M
2021 $11.7M $9.8M $15.1M

Between 2021 and 2025, reported annual revenue grew from $11.7M to $13.5M (+16%), with total assets most recently reported at $20.3M.

Interactive year-over-year charts and full filing details available with membership.

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