Propel Charter School-Hazelwood

Analysis

Propel Charter School-Hazelwood is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in August 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, Propel Charter School-Hazelwood reported income of $8.1m and spending of $7.1m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.6m to $8.1m (+45%), an average of +9.8% a year. 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, Propel Charter School-Hazelwood sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include Hadley Institute for the Blind and Visually Impaired ($8.1m), Aurora Academy Charter School ($8.1m) and Central Bible University ($8.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 76% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $5.2m against liabilities of $2.3m, net assets of $2.9m. It reported 70 employees.