Pro Vision Educational Services Inc

Analysis

Pro Vision Educational Services Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 2012, 14 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 August 2023, Pro Vision Educational Services Inc reported income of $5.9m and spending of $5.7m, spending 96% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $5.2m to $5.9m (+14%), an average of +3.4% a year. The sharpest change came in the year to August 2023, when income dropped by 17%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pro Vision Educational Services Inc 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 95th percentile within TX. Charities of a similar size with the same main cause include Knox Education Foundation ($5.9m), Sherman Thomas Charter School ($5.9m) and Legacy Traditional School-Deer Valley ($5.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $195k (3.4% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $5.9m against liabilities of $4.7m, net assets of $1.2m. It reported 51 employees.