Purpose Built Schools Atlanta Inc

Analysis

Purpose Built Schools Atlanta Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in October 2016, 10 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, Purpose Built Schools Atlanta Inc reported income of $33.6m and spending of $31.5m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $31.2m to $33.6m (+7.6%), an average of +1.8% a year. 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, Purpose Built Schools Atlanta Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within GA. Charities of a similar size with the same main cause include Citadel Foundation ($33.6m), Western Pennsylvania School for Blind Children ($33.6m) and Cairn University ($33.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $618k (2.0% of expenses). Other salaries and wages came to $15.1m. At year end it held assets of $17.8m against liabilities of $15.0m, net assets of $2.7m. It reported 372 employees.