Public Schools First NC Inc

Analysis

Public Schools First NC Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Public Schools First NC Inc reported income of $405k and spending of $152k, leaving 62% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $191k to $405k (+112%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 294%. Over the whole period it spent 60% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Public Schools First NC Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within NC. Charities of a similar size with the same main cause include American Friends of Toulouse School of Economics Inc ($405k), Boston Preservation Alliance Inc ($405k) and Bee Loved Preschool a Preschool of Bcumc ($405k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $102k. At year end it held assets of $957k against liabilities of $2,568, net assets of $954k. It reported 6 employees.