Provisional Educational Services Incorporated

Analysis

Provisional Educational Services Incorporated is a registered charity in United States, based in SN Bernrdno, CA. It received its IRS tax-exemption ruling in December 1985, 41 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, Provisional Educational Services Incorporated reported income of $6.6m and spending of $6.7m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.5m to $6.6m (+46%), an average of +9.9% a year. The sharpest change came in the year to June 2021, when income rose by 53%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Provisional Educational Services Incorporated sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Ensign Learning Center ($6.6m), Teacher Prep Inspection-Us Inc ($6.6m) and Alain Locke Charter School ($6.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $145k (2.2% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $4.2m against liabilities of $1.1m, net assets of $3.1m. It reported 83 employees.