Primary Years Inc
Analysis
Primary Years Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in December 1999, 27 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 July 2023, Primary Years Inc reported income of $1.2m and spending of $1.1m, spending 94% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.0m to $1.2m (+12%), an average of +2.9% a year. Over the whole period it spent 99% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Primary Years Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Indiana Afterschool Network ($1.2m), Sun Valley Culinary Institute ($1.2m) and Open Communities Alliance ($1.2m).
On its Form 990 for the period ending July 2023, revenue came from contributions and grants 5.1% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $95k (8.6% of expenses). Other salaries and wages came to $418k. At year end it held assets of $160k against liabilities of $5,428, net assets of $154k. It reported 47 employees.
Income and spending
Where the income comes from
- Contributions & grants 5.1%
- Program services 95%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Indiana Afterschool Network | Indianapolis | $1.2m |
| Sun Valley Culinary Institute | Sun Valley | $1.2m |
| Open Communities Alliance | Hartford | $1.2m |
| The Lower Lab School Parent Teachers Association Inc | New York | $1.2m |