Puc National

Analysis

Puc National is a registered charity in United States, based in Burbank, CA. It received its IRS tax-exemption ruling in July 2022, 4 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 June 2023, Puc National reported income of $9.8m and spending of $7.1m, leaving 27% of income unspent that year. Across the 4 years on record, from June 2019 to June 2023, income grew from $6.0m to $9.8m (+64%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 51%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Puc National sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Ellis Early Learning Inc ($9.8m), Prescott Area Childrens Education Organization ($9.8m) and Providence Country Day School ($9.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.1% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $1.0m (14% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $6.9m against liabilities of $1.4m, net assets of $5.5m. It reported 5 employees.