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Priority Systems

RegisteredEIN 74-2886638Morgans Point, TXEducation and training
Income$11.1m2023-08
Spending$10.3msame year
Spent / received101%5-year average
Size in its cause94th pctEducation and training
Exempt since1998School
Employees224latest return

Analysis

Priority Systems is a registered charity in United States, based in Morgans Point, TX. It received its IRS tax-exemption ruling in December 1998, 28 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 August 2023, Priority Systems reported income of $11.1m and spending of $10.3m, spending 93% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $9.0m to $11.1m (+24%), an average of +5.5% a year. The sharpest change came in the year to August 2021, when income rose by 28%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Priority Systems sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Csu Bakersfield Auxiliary for Sponsored Programs Administration ($11.1m), Inroads Inc ($11.1m) and Lennox Math Science and Technology Academy ($11.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 84% and program service revenue 0.1% of the total. Other salaries and wages came to $5.8m. At year end it held assets of $7.2m against liabilities of $150k, net assets of $7.0m. It reported 224 employees.

Income and spending

$0$2.8m$5.5m$8.3m$11.1m2019 Income: $8,951,2072019 Spending: $9,859,10320192020 Income: $8,184,1752020 Spending: $9,657,85920202021 Income: $10,508,4322021 Spending: $9,441,65920212022 Income: $10,026,3362022 Spending: $9,813,63120222023 Income: $11,070,9192023 Spending: $10,270,4212023
IncomeSpending

Where the income comes from

  • Contributions & grants 84%
  • Program services 0.1%
  • Other 16%

Similar-sized charities, same cause

CharityLocationIncome
Csu Bakersfield Auxiliary for Sponsored Programs AdministrationBakersfield$11.1m
Inroads IncAtlanta$11.1m
Lennox Math Science and Technology AcademyInglewood$11.1m
Iu Medical Group Foundation IncIndianapolis$11.1m