Pacific Charter Institute Inc

Analysis

Pacific Charter Institute Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in November 2006, 20 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 2024, Pacific Charter Institute Inc reported income of $50.9m and spending of $47.0m, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $33.3m to $50.9m (+53%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pacific Charter Institute Inc 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 99th percentile within CA. Charities of a similar size with the same main cause include Washington International School ($50.8m), Drew Charter School Inc ($50.9m) and Greater Atlanta Christian Schools Inc ($50.8m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1.8m (3.9% of expenses). Other salaries and wages came to $19.8m. At year end it held assets of $23.8m against liabilities of $1.7m, net assets of $22.2m. It reported 352 employees.