Premier Arts and Science Charter School

Analysis

Premier Arts and Science Charter School is a registered charity in United States, based in Harrisburg, PA. It received its IRS tax-exemption ruling in November 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, Premier Arts and Science Charter School reported income of $3.4m and spending of $3.3m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.0m to $3.4m (-14%), an average of -3.7% a year. The sharpest change came in the year to June 2020, when income dropped by 15%. 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, Premier Arts and Science Charter School sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within PA. Charities of a similar size with the same main cause include Friends of Roosevelt Childrens Academy Charter School ($3.4m), Heuser Hearing & Language Academy Inc ($3.4m) and Lee Pesky Learning Center Inc ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $106k (3.2% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $2.9m against liabilities of $2.3m, net assets of $529k. It reported 57 employees.