Piney Woods School

Analysis

Piney Woods School is a registered charity in United States, based in Piney Woods, MS. It received its IRS tax-exemption ruling in November 2022, 4 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, Piney Woods School reported income of $7.3m and spending of $4.6m, leaving 37% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.5m to $7.3m (+64%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 90%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Piney Woods School sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within MS. Charities of a similar size with the same main cause include Founding Fourteen ($7.3m), Youth of Vision Academy ($7.3m) and Urban Choice Charter School ($7.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 7.0% of the total. Compensation of current officers, directors and key employees was $176k (3.8% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $16.5m against liabilities of $5.8m, net assets of $10.6m. It reported 104 employees.