Priority Systems
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
Where the income comes from
- Contributions & grants 84%
- Program services 0.1%
- Other 16%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Csu Bakersfield Auxiliary for Sponsored Programs Administration | Bakersfield | $11.1m |
| Inroads Inc | Atlanta | $11.1m |
| Lennox Math Science and Technology Academy | Inglewood | $11.1m |
| Iu Medical Group Foundation Inc | Indianapolis | $11.1m |