Skyline Education Inc

Analysis

Skyline Education Inc is a registered charity in United States, based in Chandler, AZ. It received its IRS tax-exemption ruling in December 2011, 15 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 June 2023, Skyline Education Inc reported income of $8.5m and spending of $8.3m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.3m to $8.5m (+59%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 37%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Skyline Education Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within AZ. Charities of a similar size with the same main cause include Chaminade Development Fund Inc ($8.5m), Cherokee Charter Academy Inc ($8.5m) and Real Clear Foundation ($8.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $754k (9.1% of expenses). At year end it held assets of $46.5m against liabilities of $45.4m, net assets of $1.2m. It reported 267 employees.