A Public School of Choice Inc

Analysis

A Public School of Choice Inc is a registered charity in United States, based in Rutherfordton, NC. It received its IRS tax-exemption ruling in September 2003, 23 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, A Public School of Choice Inc reported income of $9.4m and spending of $9.0m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.8m to $9.4m (+39%), an average of +8.6% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, A Public School of Choice Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NC. Charities of a similar size with the same main cause include Smart Start of Forsyth County ($9.4m), Winston-Salem Academy Inc ($9.4m) and School Health Clinics of Santa Clara County ($9.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $153k (1.7% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $10.8m against liabilities of $13.0m, net assets of -$2.3m. It reported 121 employees.