Success School

Analysis

Success School is a registered charity in United States, based in Surprise, AZ. It received its IRS tax-exemption ruling in June 2001, 25 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, Success School reported income of $13.1m and spending of $12.2m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.0m to $13.1m (+64%), an average of +13% a year. The sharpest change came in the year to June 2020, when income rose by 27%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Success School sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within AZ. Charities of a similar size with the same main cause include Lena Foundation ($13.1m), Brooklyn Dreams Charter School ($13.1m) and Corporation of St Timothys School ($13.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $309k (2.5% of expenses). Other salaries and wages came to $6.2m. At year end it held assets of $18.9m against liabilities of $15.6m, net assets of $3.3m. It reported 212 employees.