Friends of Pride Academy Charter School Inc

Analysis

Friends of Pride Academy Charter School Inc is a registered charity in United States, based in East Orange, NJ. It received its IRS tax-exemption ruling in August 2014, 12 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 December 2022, Friends of Pride Academy Charter School Inc reported income of $432k and spending of $352k, spending 82% of its income. Across the 2 years on record, from December 2021 to December 2022, income fell from $456k to $432k (-5.4%), an average of -5.4% a year. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Pride Academy Charter School Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within NJ. Charities of a similar size with the same main cause include New York Conservatory of Music Inc ($432k), Monte Vista Academic Boosters ($432k) and PTA of Aea Inc ($431k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 1.3% and program service revenue 99% of the total. At year end it held assets of $4.1m against liabilities of $3.5m, net assets of $565k.