990 Scout/ Propel Education/ Financials

Financial Information for Propel Education

Propel Education's annual revenue was $8.5M in tax year 2024, reported on their IRS Form 990. They spent $12.9M in total expenses. 80% went to programs and services.

Financial Breakdown

What is Propel Education's total annual expenses?

Propel Education spent $12.9M in tax year 2024, according to their IRS Form 990 filing.

How much of Propel Education's budget goes to programs?

Propel Education spent $10.4M (80% of expenses) on programs and services in tax year 2024.

How much does Propel Education spend on overhead?

Propel Education's overhead in tax year 2024 includes administrative (15%) and fundraising (5%) of their expenses.

What is Propel Education's net worth?

Propel Education had net assets of $16.1M as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.