Applied Scholastics International

Analysis

Applied Scholastics International is a registered charity in United States, based in Perris, CA. It received its IRS tax-exemption ruling in October 1993, 33 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 December 2023, Applied Scholastics International reported income of $483k and spending of $491k, spending 102% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $245k to $483k (+98%), an average of +15% a year. The sharpest change came in the year to December 2019, when income rose by 77%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Applied Scholastics International sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Geneseo-Atkinson Food Pantry ($483k), Amarillo Elite Volleyball Inc ($483k) and San Francisco Interfaith Council ($483k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 93% of the total. Other salaries and wages came to $165k. At year end it held assets of $130k against liabilities of $11k, net assets of $119k. It reported 9 employees.