Propel Charter School - Montour

Analysis

Propel Charter School - Montour is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in June 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 School - Montour reported income of $19.4m and spending of $17.3m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.4m to $19.4m (+69%), an average of +14% a year. The sharpest change came in the year to June 2020, when income rose by 21%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Propel Charter School - Montour sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within PA. Charities of a similar size with the same main cause include Association of Public and Land-Grant Universities ($19.4m), Mater Academy Foundation Inc ($19.4m) and Central Regional Education Association ($19.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 81% of the total. Other salaries and wages came to $5.7m. At year end it held assets of $16.0m against liabilities of $15.4m, net assets of $545k. It reported 158 employees.