Premier-Career Success

Analysis

Premier-Career Success is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in May 2002, 24 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, Premier-Career Success reported income of $2.5m and spending of $2.5m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.5m to $2.5m (-2.7%), an average of -0.7% a year. 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, Premier-Career Success 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 AZ. Charities of a similar size with the same main cause include Veritas College Preparatory Leadership Academy ($2.4m), Waldorf Parents Association ($2.5m) and Library Company of Philadelphia ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $197k (8.0% of expenses). Other salaries and wages came to $719k. At year end it held assets of $2.1m against liabilities of $7.5m, net assets of -$5.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.