Pike School Inc

Analysis

Pike School Inc is a registered charity in United States, based in Andover, MA. It received its IRS tax-exemption ruling in May 1949, 77 years ago. 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, Pike School Inc reported income of $17.3m and spending of $19.2m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $15.5m to $17.3m (+11%), an average of +2.7% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pike School Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MA. Charities of a similar size with the same main cause include The Arc of Crawford County Inc ($17.2m), Volunteers of America Inc ($17.3m) and CHP 11 99 Foundation ($17.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.4% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $589k (3.1% of expenses). Other salaries and wages came to $9.1m. At year end it held assets of $30.4m against liabilities of $5.7m, net assets of $24.8m. It reported 134 employees.