Pioneer Preparatory School- a Challenge Foundation Academy Inc
Analysis
Pioneer Preparatory School- a Challenge Foundation Academy Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in February 2004, 22 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, Pioneer Preparatory School- a Challenge Foundation Academy Inc reported income of $5.8m and spending of $5.8m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.8m to $5.8m (+22%), an average of +5.0% a year. Over the whole period it spent 101% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Pioneer Preparatory School- a Challenge Foundation Academy Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within AZ. Charities of a similar size with the same main cause include Kings Classical Academy Inc ($5.8m), Bridge Educational Foundation ($5.8m) and Texas Rangers Baseball Foundation ($5.8m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $92k (1.6% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $10.5m against liabilities of $7.9m, net assets of $2.5m. It reported 86 employees.
Income and spending
Where the income comes from
- Contributions & grants 34%
- Program services 66%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Kings Classical Academy Inc | Woodstock | $5.8m |
| Bridge Educational Foundation | Lowell | $5.8m |
| Texas Rangers Baseball Foundation | Arlington | $5.8m |
| Reaching All Minds Academy Inc | Durham | $5.8m |