Porterville Schools Improvement Corporation
Analysis
Porterville Schools Improvement Corporation is a registered charity in United States, based in Porterville, CA. It received its IRS tax-exemption ruling in February 1988, 38 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Porterville Schools Improvement Corporation reported income of $3.7m and spending of $1.8m, leaving 51% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $9.9m to $3.7m (-63%), an average of -22% a year. The sharpest change came in the year to June 2020, when income dropped by 56%. Over the whole period it spent 62% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Porterville Schools Improvement Corporation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Resurrection Episcopal Day School ($3.7m), Pinellas Education Organization Inc ($3.7m) and Phoenix Charter Academy ($3.7m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $20.1m against liabilities of $0, net assets of $20.1m.
Income and spending
Where the income comes from
- Contributions & grants 87%
- Other 13%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Resurrection Episcopal Day School | New York | $3.7m |
| Pinellas Education Organization Inc | Clearwater | $3.7m |
| Phoenix Charter Academy | Redding | $3.7m |
| Massachusetts Afterschoolpartnership Inc | Hingham | $3.7m |