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Propel Charter School - Northside

RegisteredEIN 45-2345288Pittsburgh, PAEducation and training
Income$10.6m2023-06
Spending$9.5msame year
Spent / received89%5-year average
Size in its cause94th pctEducation and training
Exempt since2012School
Employees87latest return

Analysis

Propel Charter School - Northside is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in March 2012, 14 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, Propel Charter School - Northside reported income of $10.6m and spending of $9.5m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.4m to $10.6m (+26%), an average of +5.9% a year. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Propel Charter School - Northside sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Point Foundation ($10.6m), Fredericksburg Academy ($10.6m) and Mastery Learning Institute Abn Arthur Academy ($10.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.0% and program service revenue 85% of the total. Other salaries and wages came to $2.4m. At year end it held assets of $12.2m against liabilities of $7.7m, net assets of $4.5m. It reported 87 employees.

Income and spending

$0$2.6m$5.3m$7.9m$10.6m2019 Income: $8,408,3722019 Spending: $7,889,73920192020 Income: $9,025,5122020 Spending: $8,201,86020202021 Income: $9,497,8122021 Spending: $8,139,98520212022 Income: $10,137,5112022 Spending: $8,748,61720222023 Income: $10,574,7842023 Spending: $9,525,8992023
IncomeSpending

Where the income comes from

  • Contributions & grants 9.0%
  • Program services 85%
  • Other 5.9%

Similar-sized charities, same cause

CharityLocationIncome
Point FoundationLos Angeles$10.6m
Fredericksburg AcademyFredericksbrg$10.6m
Mastery Learning Institute Abn Arthur AcademyPortland$10.6m
Communities in Schools of Charlotte Mecklenburg IncCharlotte$10.6m