Pike Liberal Arts School Foundation Inc

Analysis

Pike Liberal Arts School Foundation Inc is a registered charity in United States, based in Troy, AL. It received its IRS tax-exemption ruling in March 1996, 30 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 May 2024, Pike Liberal Arts School Foundation Inc reported income of $3.7m and spending of $3.9m, spending 106% of what it took in. Across the 6 years on record, from May 2019 to May 2024, income grew from $2.7m to $3.7m (+37%), an average of +6.5% a year. The sharpest change came in the year to May 2024, when income rose by 30%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pike Liberal Arts School Foundation Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within AL. Charities of a similar size with the same main cause include San Diego Electrical Training Administrative Services Corporatio ($3.7m), Siletz Valley School ($3.7m) and Alpine School District Foundation ($3.7m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 1.7% and program service revenue 92% of the total. Other salaries and wages came to $2.1m. At year end it held assets of $5.0m against liabilities of $2.1m, net assets of $2.8m. It reported 83 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.