Padre Pio Academy

Analysis

Padre Pio Academy is a registered charity in United States, based in Garden Grove, CA. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 December 2023, Padre Pio Academy reported income of $303k and spending of $349k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $306k to $303k (-1.0%), an average of -0.2% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Padre Pio Academy sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Madison Heritage Apartments Inc ($303k), Ohio Falls Holiness Association Inc ($303k) and Natura International Inc ($303k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.8% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $21k (5.9% of expenses). Other salaries and wages came to $148k. At year end it held assets of $2.8m against liabilities of $53k, net assets of $2.7m. It reported 5 employees.