Pensar Academy

Analysis

Pensar Academy is a registered charity in United States, based in Litchfield, AZ. It received its IRS tax-exemption ruling in December 2015, 11 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, Pensar Academy reported income of $3.3m and spending of $3.2m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.6m to $3.3m (+30%), an average of +6.8% a year. 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, Pensar Academy sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within AZ. Charities of a similar size with the same main cause include Burlingame Soccer Club ($3.3m), City Neighbors Hamilton Inc ($3.3m) and Youngstown Academy of Excellence ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $120k (3.8% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $8.2m against liabilities of $6.9m, net assets of $1.3m. It reported 28 employees.