Pike University Inc

Analysis

Pike University Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in September 2010, 16 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 June 2023, Pike University Inc reported income of $1.6m and spending of $1.4m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.7m to $1.6m (-8.9%), an average of -2.3% a year. The sharpest change came in the year to June 2022, when income rose by 120%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pike University Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within TN. Charities of a similar size with the same main cause include Mountain Oak Charter School ($1.6m), Maker Nexus ($1.6m) and Stallion Athletic Booster Club Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 64% of the total. At year end it held assets of $2.2m against liabilities of $356k, net assets of $1.9m.