Parrish Charter Academy Inc

Analysis

Parrish Charter Academy Inc is a registered charity in United States, based in Parrish, FL. It received its IRS tax-exemption ruling in February 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 2024, Parrish Charter Academy Inc reported income of $9.7m and spending of $9.9m, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.6m to $9.7m (+275%), an average of +39% a year. The sharpest change came in the year to June 2024, when income rose by 45%. 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, Parrish Charter Academy Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include The Second Baptist School Foundation Inc ($9.7m), Kewforest School Inc ($9.7m) and Volusia Charter School of Excellence Inc ($9.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% and program service revenue 4.9% of the total. Other salaries and wages came to $3.6m. At year end it held assets of $30.9m against liabilities of $31.1m, net assets of -$153k. It reported 100 employees.