Paideia School Endowment Fund Inc

Analysis

Paideia School Endowment Fund Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in August 1980, 46 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Paideia School Endowment Fund Inc reported income of $1.8m and spending of $949k, leaving 46% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.8m (+56%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 190%. Over the whole period it spent 46% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Paideia School Endowment Fund Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within GA. Charities of a similar size with the same main cause include Learning Disabilities Association of Central New York Inc ($1.8m), Presbyterian Housing Foundation of Florida Inc ($1.8m) and Association for the Preservation of Historic Congressional Cemetery ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $26.3m against liabilities of $379k, net assets of $25.9m.