Propel Charter Schools - East

Analysis

Propel Charter Schools - East is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in March 2005, 21 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, Propel Charter Schools - East reported income of $7.8m and spending of $7.3m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.8m to $7.8m (+14%), an average of +3.4% a year. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Propel Charter Schools - East sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include Kcaa Preschools of Hawaii ($7.8m), California Virtual Academy at Kings ($7.8m) and Virginia Association of Free and Charitable Clinics Inc ($7.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 81% of the total. Other salaries and wages came to $2.7m. At year end it held assets of $10.5m against liabilities of $8.8m, net assets of $1.6m. It reported 63 employees.