Prescott Valley Charter Schools

Analysis

Prescott Valley Charter Schools is a registered charity in United States, based in Prescott Vly, AZ. 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Prescott Valley Charter Schools reported income of $5.9m and spending of $5.7m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $5.9m (+107%), an average of +20% a year. The sharpest change came in the year to June 2020, when income rose by 32%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Prescott Valley Charter Schools sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within AZ. Charities of a similar size with the same main cause include Buckeye Online School for Success ($5.9m), Baltimore Symphony Endowment Trust ($5.9m) and The Jain Family Institute ($5.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $34k (0.6% of expenses). Other salaries and wages came to $916k. At year end it held assets of $1.9m against liabilities of $1.4m, net assets of $512k. It reported 9 employees.