Panhandle Alliance for Education Inc
Analysis
Panhandle Alliance for Education Inc is a registered charity in United States, based in Sandpoint, ID. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Panhandle Alliance for Education Inc reported income of $717k and spending of $848k, spending 118% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $696k to $717k (+2.9%), an average of +1.0% a year. The sharpest change came in the year to June 2022, when income rose by 61%. Over the whole period it spent 102% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Panhandle Alliance for Education Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within ID. Charities of a similar size with the same main cause include Progress with Chess Inc ($717k), Clevelawn ($717k) and Transform Mid-Atlantic Inc ($717k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% of the total. Other salaries and wages came to $111k. At year end it held assets of $4.9m against liabilities of $20k, net assets of $4.9m. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 73%
- Other 27%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Progress with Chess Inc | Cleveland | $717k |
| Clevelawn | Cleveland | $717k |
| Transform Mid-Atlantic Inc | Frederick | $717k |
| Foundation for Rhode Island Dayschools | Providence | $717k |