Pleasant Grove Academy

Analysis

Pleasant Grove Academy is a registered charity in United States, based in Marion, SC. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pleasant Grove Academy reported income of $342k and spending of $385k, spending 112% of what it took in. Across the 5 years on record, from December 2018 to December 2023, income grew from $308k to $342k (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2022, when income rose by 108%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pleasant Grove Academy sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within SC. Charities of a similar size with the same main cause include International Brangus Breeders Foundation ($342k), JLP Education & Athletics Inc ($342k) and Friends of Greater Ravalli County Foundation ($342k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.7% of the total. Compensation of current officers, directors and key employees was $38k (9.8% of expenses). Other salaries and wages came to $200k. At year end it held assets of $196k against liabilities of $0, net assets of $196k. It reported 16 employees.