Piloted Schools Inc

Analysis

Piloted Schools Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in December 2018, 8 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, Piloted Schools Inc reported income of $3.2m and spending of $3.3m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $3.2m (+103%), an average of +19% a year. The sharpest change came in the year to June 2020, when income rose by 43%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Piloted Schools Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within IN. Charities of a similar size with the same main cause include Simon Youth Foundation Inc ($3.2m), Occ Transport Inc ($3.2m) and Trinity School of Natural Health Inc ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $106k (3.3% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $2.6m against liabilities of $2.6m, net assets of $38k. It reported 52 employees.