Pinkerton Academy

Analysis

Pinkerton Academy is a registered charity in United States, based in Derry, NH. It received its IRS tax-exemption ruling in January 1941, 85 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, Pinkerton Academy reported income of $53.6m and spending of $50.7m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $50.4m to $53.6m (+6.4%), an average of +1.6% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pinkerton Academy sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NH. Charities of a similar size with the same main cause include Keuka College ($53.6m), Cornerstone University ($53.6m) and Universidad Politecnica de Puerto Rico Inc ($53.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.3% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $445k (0.9% of expenses). Other salaries and wages came to $27.3m. At year end it held assets of $91.8m against liabilities of $37.4m, net assets of $54.4m. It reported 683 employees.