Pluralistic Schools Inc

Analysis

Pluralistic Schools Inc is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in February 1972, 54 years ago. 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, Pluralistic Schools Inc reported income of $10.0m and spending of $10.5m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.6m to $10.0m (+3.2%), an average of +0.8% a year. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pluralistic Schools Inc 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 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Ascension Living Borgess Place ($10.0m), Hospice Care Corporation Dba WV Caring ($10.0m) and Mid-West New Mexico Community Action Program ($10.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.8% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $976k (9.3% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $42.2m against liabilities of $2.9m, net assets of $39.3m. It reported 50 employees.