Paladin Career & Technical High School

Analysis

Paladin Career & Technical High School is a registered charity in United States, based in Coon Rapids, MN. It received its IRS tax-exemption ruling in September 2015, 11 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, Paladin Career & Technical High School reported income of $4.6m and spending of $4.4m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.6m to $4.6m (+28%), an average of +6.4% a year. The sharpest change came in the year to June 2023, when income rose by 20%. 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, Paladin Career & Technical High School sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MN. Charities of a similar size with the same main cause include Ball Charter Schools Val Vista ($4.6m), Scpga Foundation Inc ($4.6m) and Theodore F Jenkins Memorial Law Library Company ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $2.1m. At year end it held assets of $9.9m against liabilities of $11.2m, net assets of -$1.3m. It reported 43 employees.