The Pepin Academies Inc

Analysis

The Pepin Academies Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in November 1999, 27 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, The Pepin Academies Inc reported income of $16.8m and spending of $17.1m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.9m to $16.8m (+42%), an average of +9.1% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Pepin Academies Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Seiu 503 Training Partnership ($16.8m), Boys Latin of Philadelphia Charter School ($16.8m) and University of Oregon Bookstore Inc ($16.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $435k (2.5% of expenses). Other salaries and wages came to $9.0m. At year end it held assets of $28.7m against liabilities of $26.2m, net assets of $2.5m. It reported 288 employees.