Pas Charter Inc

Analysis

Pas Charter Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in April 2003, 23 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, Pas Charter Inc reported income of $1.7m and spending of $1.9m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.2m to $1.7m (-24%), an average of -6.6% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pas Charter Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within AZ. Charities of a similar size with the same main cause include Manlius Library ($1.7m), Wolfeboro Camp School Inc ($1.7m) and Compass Charter Middle School ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $526k. At year end it held assets of $2.1m against liabilities of $834k, net assets of $1.2m. It reported 13 employees.