Paideia School Incorporated

Analysis

Paideia School Incorporated is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in February 1971, 55 years ago. 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, Paideia School Incorporated reported income of $34.3m and spending of $32.4m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $31.2m to $34.3m (+9.9%), an average of +2.4% a year. The sharpest change came in the year to June 2020, when income rose by 22%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Paideia School Incorporated sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within GA. Charities of a similar size with the same main cause include Huntsman Mental Health Foundation ($34.3m), Cornerstone Montgomery Inc ($34.4m) and John E Andrus Memorial Inc ($34.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $500k (1.5% of expenses). Other salaries and wages came to $17.3m. At year end it held assets of $87.8m against liabilities of $22.2m, net assets of $65.5m. It reported 365 employees.