Progressive Educational Program

Analysis

Progressive Educational Program is a registered charity in United States, based in Somerset, KY. It received its IRS tax-exemption ruling in May 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, Progressive Educational Program reported income of $674k and spending of $432k, leaving 36% of income unspent that year. Across the 4 years on record, from June 2019 to June 2023, income grew from $376k to $674k (+79%), an average of +22% a year. The sharpest change came in the year to June 2021, when income rose by 192%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Progressive Educational Program sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within KY. Charities of a similar size with the same main cause include Oneworld Now ($674k), Higher Ed Works ($674k) and Dixie High School Foundation Inc ($674k).

Compensation of current officers, directors and key employees was $109k (25% of expenses). Other salaries and wages came to $166k. At year end it held assets of $242k against liabilities of $0, net assets of $242k. It reported 6 employees.