Pdyf Success Institute Charter School

Analysis

Pdyf Success Institute Charter School is a registered charity in United States, based in Rutherfordton, NC. It received its IRS tax-exemption ruling in March 2002, 24 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, Pdyf Success Institute Charter School reported income of $1.6m and spending of $1.5m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.6m (+49%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 48%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pdyf Success Institute Charter School sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NC. Charities of a similar size with the same main cause include National Alliance of Concurrent Enrollment Partnerships Inc ($1.6m), Parent Booster USA Inc ($1.6m) and Associated Students Inc California State University East Bay ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% of the total. Other salaries and wages came to $572k. At year end it held assets of $553k against liabilities of $245k, net assets of $308k. It reported 11 employees.