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Per Scholas

Bronx, NY · EIN 04-3252955 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Per Scholas reported $70.0 million in revenue and $68.6 million in expenses for calendar year 2024. Of every $100 it spent, $79.96 went to program services, $13.30 to management and general costs and $6.74 to fundraising. Its largest source of revenue was contributions and grants: 76.3% of the total. The highest compensation it reported for one person was $490,772 (PRESIDENT AND CEO). 70 people received more than $100,000 in reportable compensation. Revenue rose 192% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $69M

For context, the median across 409 covered employment charities: $88.97 programs, $11.03 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $70M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 409 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
80.0%88.0%
Management & general
Part IX 25(C) ÷ 25(A)
13.3%10.9%
Fundraising
Part IX 25(D) ÷ 25(A)
6.7%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.09$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
76.3%22.8%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.4%
Program service revenue share
Part VIII 2g ÷ 12
20.9%62.6%
Highest reported compensation
Part VII-A, columns D–F
$490,772$297,435
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.72%1.26%
People paid over $100,000
Part VII, line 2
706
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
7.68.1
Independent voting board members
Part VI 1a–1b
18 of 19100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$55M expenses · 99.9% of program spending · grants $174K · revenue $14M

Vocational training - since 1995, we've offered no-cost tech training to more than 30,000 technologists in the most sought-after tech skills, generating over $2 billion in increased personal earnings. On average, our learners earn 3x their pre-training wage in their first role after Per Scholas. With 20+ campuses and remote programs, we partner with employers --from fortune 500 companies to startups --to create inclusive talent pipelines in fields like cloud, cybersecurity, data engineering, it support, and software engineering. More than half of our learners hold a high school diploma as…

$49,857 expenses · 0.1% of program spending · revenue $300K

Social ventures - Per Scholas' asset recovery operations, acts as a recycling business, offering a complete it asset disposition solution. Finally, as a nonprofit social venture, we collect used equipment donated by corporations, government, and individuals, properly recycling the end-of-life equipment and reconditioning equipment with continued use. This activity creates valuable jobs while diverting thousands of tons of electronic waste from landfill disposal

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT AND CEO
Director/trustee, officer, 40.0 hrs/week
$447,824$0$42,948$490,772
CHIEF DEVELOPMENT OFFICER
Highest compensated employee, 40.0 hrs/week
$279,876$0$19,444$299,320
CHIEF OPERATING OFFICER
Highest compensated employee, 40.0 hrs/week
$236,713$0$24,576$261,289
CHIEF PROGRAM OFFICER
Highest compensated employee, 40.0 hrs/week
$202,736$0$33,586$236,322
EXECUTIVE VICE PRESIDENT, INCLUSION & CULTURE
Highest compensated employee, 40.0 hrs/week
$201,689$0$28,734$230,423
CHIEF OF STAFF
Highest compensated employee, 40.0 hrs/week
$207,163$0$12,360$219,523
CHIEF FINANCIAL OFFICER (EFF. 05/2024)
Officer, 40.0 hrs/week
$128,848$0$11,856$140,704
CHIEF ACCOUNTING OFFICER (THRU 04/2024)
Officer, 40.0 hrs/week
$113,536$0$18,664$132,200

70 people received more than $100,000 in reportable compensation from Per Scholas (Part VII, line 2). Compensation of current officers, directors and key employees totaled $764K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$25M$50M$75M$100M201920202021202220232024$70M$69M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$70M$69M80.0%$43M$490,772
2023 ⓘ$83M$62M80.1%$42M$442,957
2022 ⓘ$56M$55M80.4%$21M$475,088
2021 ⓘ$46M$36M80.9%$21M$359,849
2020 ⓘ$25M$25M80.8%$12M$328,925
2019 ⓘ$24M$22M80.3%$11M$316,465

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b19 · 18 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5656
  • Volunteers Part I, line 61,670

Correct a figure or respond

Every number above is copied from Per Scholas's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Per Scholas, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All employment charities · Largest charities in New York

Questions people ask

How much of Per Scholas's spending goes to programs?

In calendar year 2024, Per Scholas reported that 80.0% of its $68.6 million in expenses went to program services, 13.3% to management and general and 6.7% to fundraising (Form 990, Part IX).

How much does Per Scholas pay its top executive?

The largest total compensation Per Scholas reported for one person in calendar year 2024 was $490,772, for the role of PRESIDENT AND CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Per Scholas get its money?

Of $70.0 million in revenue in calendar year 2024, 76.3% came from contributions and grants and 20.9% from program service revenue (Form 990, Part VIII).

Is Per Scholas a registered charity?

The IRS lists EIN 04-3252955 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202512689349302006 · read the filing
  • 2023: Form 990 for calendar year 2023, object 202402569349301835 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202332699349301488 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202213119349302401 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202102299349301625 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202032949349301568 · read the filing

All filings for EIN 04-3252955: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.