Pulaski Academy

Analysis

Pulaski Academy is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in January 1972, 54 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, Pulaski Academy reported income of $23.2m and spending of $20.9m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $18.5m to $23.2m (+25%), an average of +5.7% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pulaski Academy sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within AR. Charities of a similar size with the same main cause include Belmont Charter School ($23.1m), Lexington Public Library ($23.2m) and New Paradigm for Education Inc ($23.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $324k (1.5% of expenses). Other salaries and wages came to $9.9m. At year end it held assets of $36.2m against liabilities of $25.5m, net assets of $10.7m. It reported 316 employees.