Piloted Schools of Nevada Inc

Analysis

Piloted Schools of Nevada Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in May 2022, 4 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, Piloted Schools of Nevada Inc reported income of $1.6m and spending of $2.5m, spending 160% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $96k to $1.6m (+1558%), an average of +1558% a year. The sharpest change came in the year to June 2023, when income rose by 1558%. Over the whole period it spent 156% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Piloted Schools of Nevada Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within NV. Charities of a similar size with the same main cause include Navy Seabee Foundation ($1.6m), 4point0 Schools ($1.6m) and Madison Community Cooperative ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $611k. At year end it held assets of $17.1m against liabilities of $18.1m, net assets of -$963k.