Paideia Academies Inc

Analysis

Paideia Academies Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in March 2012, 14 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, Paideia Academies Inc reported income of $10.1m and spending of $9.3m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.9m to $10.1m (+45%), an average of +9.8% a year. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Paideia Academies Inc sits at the 93rd percentile: it is larger than about 93% 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 Open Library of Richmond Inc ($10.1m), Neighborhood Charter Network Inc ($10.1m) and Rochdale Early Advantage Charter School ($10.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $326k (3.5% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $24.2m against liabilities of $19.7m, net assets of $4.5m. It reported 136 employees.