Propel Charter School Sunrise

Analysis

Propel Charter School Sunrise is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in July 2010, 16 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, Propel Charter School Sunrise reported income of $19.5m and spending of $18.3m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.8m to $19.5m (+16%), an average of +3.8% a year. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Propel Charter School Sunrise sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within PA. Charities of a similar size with the same main cause include Denver Academy Inc ($19.5m), American Association of Colleges of Nursing ($19.5m) and Academy of Basic Education Inc ($19.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 81% of the total. Other salaries and wages came to $6.1m. At year end it held assets of $23.3m against liabilities of $23.4m, net assets of -$54k. It reported 208 employees.