Paideia Inc

Analysis

Paideia Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Paideia Inc reported income of $471k and spending of $561k, spending 119% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $423k to $471k (+11%), an average of +2.2% a year. The sharpest change came in the year to June 2022, when income rose by 82%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Paideia Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Palo Alto Chamber Orchestra ($471k), Tulsa Youth Symphony Inc ($471k) and Cherokee Historical Association Inc ($471k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% and program service revenue 8.5% of the total. At year end it held assets of $93k against liabilities of $0, net assets of $93k.