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Porterville Schools Improvement Corporation

RegisteredEIN 77-0134634Porterville, CAEducation and training
Income$3.7m2023-06
Spending$1.8msame year
Spent / received62%5-year average
Size in its cause87th pctEducation and training
Exempt since1988Supporting organisation
Employees0latest return

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

$0$2.5m$4.9m$7.4m$9.9m2019 Income: $9,892,2372019 Spending: $6,264,87020192020 Income: $4,336,6932020 Spending: $2,627,34120202021 Income: $4,415,3462021 Spending: $2,680,74320212022 Income: $5,502,2692022 Spending: $3,835,20220222023 Income: $3,680,0892023 Spending: $1,812,5002023
IncomeSpending

Where the income comes from

  • Contributions & grants 87%
  • Other 13%

Similar-sized charities, same cause

CharityLocationIncome
Resurrection Episcopal Day SchoolNew York$3.7m
Pinellas Education Organization IncClearwater$3.7m
Phoenix Charter AcademyRedding$3.7m
Massachusetts Afterschoolpartnership IncHingham$3.7m