Progressive Equity Charter Inc

Analysis

Progressive Equity Charter Inc is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in July 2010, 16 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, Progressive Equity Charter Inc reported income of $376k and spending of $348k, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $376k to $376k (+0.0%), an average of +0.0% a year. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Progressive Equity Charter Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Seattle Childrens Chorus ($376k), Spirit of Aloha Outreaches ($376k) and Middlesex County Public Library Inc ($376k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $4.0m against liabilities of $2.2m, net assets of $1.7m.