Pivot Education Inc

Analysis

Pivot Education Inc is a registered charity in United States, based in Riverview, FL. It received its IRS tax-exemption ruling in April 2014, 12 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 2024, Pivot Education Inc reported income of $1.9m and spending of $2.1m, spending 106% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $2.1m to $1.9m (-5.8%), an average of -1.2% a year. The sharpest change came in the year to June 2023, when income rose by 17%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pivot Education Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Food for Thought Denver ($1.9m), Walton Academy for the Performing Arts ($1.9m) and Genesee Community Charter School Flour City Campus ($1.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.5% and program service revenue 98% of the total. Other salaries and wages came to $962k. At year end it held assets of $1.2m against liabilities of $1.1m, net assets of $35k.