Pensacola Beach Elementary School Charter School
Analysis
Pensacola Beach Elementary School Charter School is a registered charity in United States, based in Pensacola BCH, FL. It received its IRS tax-exemption ruling in November 2002, 24 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, Pensacola Beach Elementary School Charter School reported income of $1.4m and spending of $1.3m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.4m (+18%), an average of +4.3% a year. Over the whole period it spent 97% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Pensacola Beach Elementary School Charter School sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Montessori Educational Center Inc ($1.4m), Desert Sage Educational Initiative ($1.4m) and Literacy Source ($1.4m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $118k (9.0% of expenses). Other salaries and wages came to $572k. At year end it held assets of $3.6m against liabilities of $1.2m, net assets of $2.4m. It reported 19 employees.
Income and spending
Where the income comes from
- Contributions & grants 33%
- Program services 65%
- Other 1.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Montessori Educational Center Inc | Alexandria | $1.4m |
| Desert Sage Educational Initiative | Reno | $1.4m |
| Literacy Source | Seattle | $1.4m |
| Texas New School Accelerator | El Paso | $1.4m |