Permission to Succeed Education Center

Analysis

Permission to Succeed Education Center is a registered charity in United States, based in Fort Lauderdale, FL. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Permission to Succeed Education Center reported income of $393k and spending of $350k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $111k to $393k (+253%), an average of +253% a year. The sharpest change came in the year to December 2023, when income rose by 253%. Over the whole period it spent 87% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Permission to Succeed Education Center sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include Community of Hope ($393k), Child Evangelism Fellowship of Eastern Pennsylvania Inc ($394k) and Encampment for Citizenship ($393k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $182k. At year end it held assets of $70k against liabilities of $5,734, net assets of $64k. It reported 5 employees.