Primary Hall Preparatory Charter School

Analysis

Primary Hall Preparatory Charter School is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in June 2020, 6 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, Primary Hall Preparatory Charter School reported income of $2.5m and spending of $2.7m, spending 104% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $563k to $2.5m (+353%), an average of +65% a year. The sharpest change came in the year to June 2022, when income rose by 322%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Primary Hall Preparatory Charter School sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Snook Christian Academy ($2.5m), Academy with Community Partners Inc ($2.5m) and United School for Autism ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $126k (4.7% of expenses). Other salaries and wages came to $943k. At year end it held assets of $3.6m against liabilities of $3.1m, net assets of $539k. It reported 24 employees.