Perfect Schooling Inc

Analysis

Perfect Schooling Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 1990, 36 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 December 2022, Perfect Schooling Inc reported income of $1.3m and spending of $1.2m, spending 92% of its income. Across the 5 years on record, from December 2018 to December 2022, income fell from $1.4m to $1.3m (-3.0%), an average of -0.8% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Perfect Schooling Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Eagle Academy Christian School ($1.3m), Allegro Foundation ($1.3m) and Library Connection Inc ($1.3m).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $762k (63% of expenses). Other salaries and wages came to $172k. At year end it held assets of $1 against liabilities of $0, net assets of $1. It reported 26 employees.