Proof School

Analysis

Proof School is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 2014, 12 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, Proof School reported income of $6.5m and spending of $5.8m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.9m to $6.5m (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Proof School sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Vanguard University Foundation ($6.5m), New Canaan Library Inc ($6.5m) and Dzilth-Na-O-Dith-Hle School Board of Education ($6.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $801k (14% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $10.1m against liabilities of $4.9m, net assets of $5.2m. It reported 28 employees.