Premier Charter School

Analysis

Premier Charter School is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in August 2000, 26 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, Premier Charter School reported income of $17.5m and spending of $16.1m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.8m to $17.5m (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Premier Charter School sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within MO. Charities of a similar size with the same main cause include Pennsylvania Academy of the Fine Arts ($17.5m), Collier Services ($17.5m) and Digital Pioneers Academy Corporation ($17.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $528k (3.3% of expenses). Other salaries and wages came to $9.2m. At year end it held assets of $20.1m against liabilities of $9.5m, net assets of $10.6m. It reported 250 employees.