Pickens Private School Foundation

Analysis

Pickens Private School Foundation is a registered charity in United States, based in Carrollton, AL. It received its IRS tax-exemption ruling in January 1971, 55 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 July 2023, Pickens Private School Foundation reported income of $2.2m and spending of $2.1m, spending 94% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $1.7m to $2.2m (+31%), an average of +9.5% a year. The sharpest change came in the year to July 2023, when income rose by 32%. 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, Pickens Private School Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within AL. Charities of a similar size with the same main cause include Public Library of Cincinnati and Hamilton County Foundation ($2.2m), Dream Center of Lakeland Inc ($2.2m) and Nu Art Education Inc ($2.2m).

On its Form 990 for the period ending July 2023, revenue came from program service revenue 78% of the total. Other salaries and wages came to $791k. At year end it held assets of $2.0m against liabilities of $417k, net assets of $1.5m. It reported 48 employees.