PHCS Inc

Analysis

PHCS Inc is a registered charity in United States, based in Perry Hall, MD. 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 August 2023, PHCS Inc reported income of $4.7m and spending of $4.5m, spending 96% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.8m to $4.7m (+66%), an average of +14% a year. The sharpest change came in the year to August 2021, when income rose by 22%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, PHCS Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MD. Charities of a similar size with the same main cause include Eman Schools Inc ($4.7m), Social Justice Public Charter School Inc ($4.7m) and Washington Montessori Inc-A Public Charter School ($4.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $286k (6.3% of expenses). At year end it held assets of $3.2m against liabilities of $1.5m, net assets of $1.7m. It reported 58 employees.