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Pennsylvania Virtual Charter School

King of Prussia, PA · EIN 23-3075231 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Pennsylvania Virtual Charter School reported $59.5 million in revenue and $51.2 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $60.94 went to program services, $39.06 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 92.3% of the total. The highest compensation it reported for one person was $198,848 (CHIEF EXECUTIVE OFFICER). 18 people received more than $100,000 in reportable compensation. Revenue rose 78% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $51M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $60M

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

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
60.9%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
39.1%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
4.3%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
4.3%1.1%
Program service revenue share
Part VIII 2g ÷ 12
92.3%69.9%
Highest reported compensation
Part VII-A, columns D–F
$198,848$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.39%1.28%
People paid over $100,000
Part VII, line 2
188
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
11.813.3
Independent voting board members
Part VI 1a–1b
7 of 7100.0%

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

FY2025 · Form 990, Part III · the three largest programs by expense
$29M expenses · 92.2% of program spending · revenue $55M

During the 2024-2025 school year, the organization's seventeenth year of independent operation, pavcs billed for 3,650 students in kindergarten through 12th grades. These students emanate from diverse ethnic, racial, and socio-economic backgrounds from across pennsylvania. This school year, pavcs had students enrolled from 413 of the 500 school districts in the commonwealth

$1.7M expenses · 5.6% of program spending · revenue $1.7M

Federal title programs (title I, ii, iv). Title I is authorized by the no child left behind act of 2001, which is the largest federally funded educational program. The purpose of this title is to ensure that all children have a fair, equal, and significant opportunity to obtain a high-quality education and reach, at a minimum, proficiency on challenging state academic achievement standards and state academic assessments. This program authorized by congress, provides supplemental funds to school districts and designed to assist students in meeting state content and performance standards in…

$677K expenses · 2.2% of program spending · revenue $677K

Idea - the amendments to the individuals with disabilities education improvement act (ideia) of 2004 and pennsylvania regulations mandate that every Charter School in the state develop a system to identify children with disabilities who are enrolled in the school. Pavcs will locate, identify, and evaluate children who enroll in pavcs in accordance with all federal regulations and state standards. In addition pavcs shall provide an eligible child and his/her parent/guardian with safeguards, as required by applicable law. Pavcs incurred expenses for physical support services, psychological…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CHIEF EXECUTIVE OFFICER
Key employee, 40.00 hrs/week
$187,335$0$11,513$198,848
CHIEF HR & MARKETING OFFIC
Highest compensated employee, 40.00 hrs/week
$180,556$0$13,259$193,815
CHIEF ACADEMIC OFFICER
Highest compensated employee, 40.00 hrs/week
$132,278$0$13,482$145,760
CHIEF FINANCIAL OFFICER
Highest compensated employee, 40.00 hrs/week
$135,248$0$10,352$145,600
PRINCIPAL, ELEMENTARY
Highest compensated employee, 40.00 hrs/week
$122,347$0$12,351$134,698

18 people received more than $100,000 in reportable compensation from Pennsylvania Virtual Charter School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.2M (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$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$60M$51M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$60M$51M60.9%$50M$198,848
FY2024 ⓘ$63M$51M61.8%$42M$196,900
FY2023 ⓘ$56M$53M59.6%$30M$198,848
FY2022 ⓘ$56M$50M66.9%$26M$176,500
FY2021 ⓘ$49M$41M56.4%$19M$332,395
FY2020 ⓘ$33M$34M59.9%$11M$312,734

Governance answers, as filed

FY2025 · 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–1b7 · 7 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14No
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aNo
  • 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 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5334

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
MCKENNA SNYDER LLC
Legal services
$311,931
ATTAIN THERAPY
Related services
$119,061

Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to Pennsylvania Virtual Charter School totaling $500 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

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

Similar-sized charities in this cause

All education charities · Largest charities in Pennsylvania

Questions people ask

How much of Pennsylvania Virtual Charter School's spending goes to programs?

In the fiscal year ending June 30, 2025, Pennsylvania Virtual Charter School reported that 60.9% of its $51.2 million in expenses went to program services, 39.1% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Pennsylvania Virtual Charter School pay its top executive?

The largest total compensation Pennsylvania Virtual Charter School reported for one person in the fiscal year ending June 30, 2025 was $198,848, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Pennsylvania Virtual Charter School get its money?

Of $59.5 million in revenue in the fiscal year ending June 30, 2025, 4.3% came from contributions and grants (including 4.3% from government grants) and 92.3% from program service revenue (Form 990, Part VIII).

Is Pennsylvania Virtual Charter School a registered charity?

The IRS lists EIN 23-3075231 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

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621339349307837 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501289349301135 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421349349304887 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311359349313426 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221369349310472 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131349349307793 · read the filing

All filings for EIN 23-3075231: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.