South Academy of International Languages Ptso

Analysis

South Academy of International Languages Ptso is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, South Academy of International Languages Ptso reported income of $220k and spending of $147k, leaving 33% of income unspent that year. Across the 3 years on record, from June 2019 to June 2023, income grew from $142k to $220k (+55%), an average of +25% a year. The sharpest change came in the year to June 2023, when income rose by 140%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Academy of International Languages Ptso sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within NC. Charities of a similar size with the same main cause include Grand Haven Schools Foundation ($220k), Northern California Bible College ($220k) and Arts As Healing Foundation ($220k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $243k against liabilities of $6,957, net assets of $236k.