Poder Academy Secondary School

Analysis

Poder Academy Secondary School is a registered charity in United States, based in Cheyenne, WY. It received its IRS tax-exemption ruling in September 2019, 7 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, Poder Academy Secondary School reported income of $2.9m and spending of $3.5m, spending 122% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.9m to $2.9m (+50%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Poder Academy Secondary School sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 93rd percentile within WY. Charities of a similar size with the same main cause include Yeshiva Elementary School ($2.9m), Etgar ($2.9m) and Big Brothers-Big Sisters of Utah Inc ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $4.0m against liabilities of $4.4m, net assets of -$434k. It reported 31 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.