Pan-American Elementary Charter School

Analysis

Pan-American Elementary Charter School is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in September 2003, 23 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, Pan-American Elementary Charter School reported income of $14.2m and spending of $13.8m, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $7.0m to $14.2m (+103%), an average of +27% a year. The sharpest change came in the year to June 2021, when income rose by 67%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pan-American Elementary Charter School sits at the 95th percentile: it is larger than about 95% 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 Pueblo City-County Library District ($14.2m), College of Central Florida Foundation Inc ($14.2m) and Southwestern Christian University Inc ($14.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $347k (2.5% of expenses). Other salaries and wages came to $6.2m. At year end it held assets of $37.0m against liabilities of $32.2m, net assets of $4.8m. It reported 155 employees.