Pt Education Inc

Analysis

Pt Education Inc is a registered charity in United States, based in Upland, CA. It received its IRS tax-exemption ruling in October 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pt Education Inc reported income of $462k and spending of $368k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $312k to $462k (+48%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 25773%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pt Education Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Bais Yaakov of South Fallsburg Inc ($462k), Community Christian Academy Inc ($462k) and Christian College Consortium Inc ($462k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.8% and program service revenue 97% of the total. Other salaries and wages came to $132k. At year end it held assets of $115k against liabilities of $0, net assets of $115k. It reported 41 employees.