Adelphoi Education Inc

Analysis

Adelphoi Education Inc is a registered charity in United States, based in Latrobe, PA. It received its IRS tax-exemption ruling in January 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, Adelphoi Education Inc reported income of $8.8m and spending of $8.0m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.1m to $8.8m (+23%), an average of +5.4% a year. The sharpest change came in the year to June 2022, when income rose by 54%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Adelphoi Education Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include Nothern United Charter Schools ($8.8m), Dayton Regional STEM Schools Inc ($8.8m) and Philadelphia Hebrew Public Charter School ($8.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Other salaries and wages came to $4.4m. At year end it held assets of $7.6m against liabilities of $3.2m, net assets of $4.4m. It reported 110 employees.