Propel Charter School - Pitcairn

Analysis

Propel Charter School - Pitcairn is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in September 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 - Pitcairn reported income of $5.5m and spending of $5.4m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.5m to $5.5m (+0.1%), an average of +0.0% a year. Over the whole period it spent 102% 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 - Pitcairn sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within PA. Charities of a similar size with the same main cause include Golden Valley Charter School ($5.5m), Kolby Academy ($5.5m) and Walden School ($5.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 77% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $2.3m against liabilities of $5.0m, net assets of -$2.7m. It reported 55 employees.