Personalized Learning Inc

Analysis

Personalized Learning Inc is a registered charity in United States, based in Redmond, OR. It received its IRS tax-exemption ruling in November 2009, 17 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, Personalized Learning Inc reported income of $10.8m and spending of $10.6m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.6m to $10.8m (+42%), an average of +9.1% a year. The sharpest change came in the year to June 2020, when income rose by 18%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Personalized Learning Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within OR. Charities of a similar size with the same main cause include Leep Dual Language Academy Charter School ($10.8m), Mastery Charter School - Mann Elementary ($10.8m) and Elite Public Schools ($10.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $274k (2.6% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $22.3m against liabilities of $23.1m, net assets of -$799k. It reported 92 employees.