PLC Charter Schools

Analysis

PLC Charter Schools is a registered charity in United States, based in Tolleson, AZ. It received its IRS tax-exemption ruling in July 2002, 24 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, PLC Charter Schools reported income of $11.1m and spending of $10.2m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.5m to $11.1m (+6.2%), an average of +1.5% 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, PLC Charter Schools 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 94th percentile within AZ. Charities of a similar size with the same main cause include Kingsman Academy Public Charter School ($11.1m), American School Counselor Association ($11.1m) and Partnership Academy Inc ($11.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $144k (1.4% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $16.7m against liabilities of $16.5m, net assets of $179k. It reported 131 employees.