Amazing Scholar Academy Preschool

Analysis

Amazing Scholar Academy Preschool is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in June 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, Amazing Scholar Academy Preschool reported income of $150k and spending of $157k, spending 105% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $118k to $150k (+28%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 35%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Amazing Scholar Academy Preschool sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within PA. Charities of a similar size with the same main cause include Sophisticated Gents of Florida ($150k), Reedsburg Schools Foundation Inc ($150k) and Trinity Parent Teacher Organization ($150k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 89% of the total. Compensation of current officers, directors and key employees was $63k (40% of expenses). Other salaries and wages came to $71k. At year end it held assets of $9,231 against liabilities of $4,030, net assets of $5,201. It reported 6 employees.