Pennsylvania Distance Learning Charter School
Analysis
Pennsylvania Distance Learning Charter School is a registered charity in United States, based in Sewickley, PA. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Pennsylvania Distance Learning Charter School reported income of $25.3m and spending of $25.5m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.6m to $25.3m (+85%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 59%. Over the whole period it spent 92% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Pennsylvania Distance Learning Charter School sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within PA. Charities of a similar size with the same main cause include Salina Health Education Foundaton ($25.3m), Universidad Central Del Caribe Inc ($25.3m) and Aspira of Delaware Charter Operations ($25.3m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $1.1m (4.4% of expenses). Other salaries and wages came to $9.4m. At year end it held assets of $28.3m against liabilities of $21.7m, net assets of $6.6m. It reported 174 employees.
Income and spending
Where the income comes from
- Contributions & grants 14%
- Program services 85%
- Other 1.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Salina Health Education Foundaton | Salina | $25.3m |
| Universidad Central Del Caribe Inc | Bayamon | $25.3m |
| Aspira of Delaware Charter Operations | Newark | $25.3m |
| Corporation of the Washington Latin School | Washington | $25.3m |