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Per Scholas Inc

EIN 04-3252955 · Bronx, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair62 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

PER SCHOLAS IS A NATIONAL ORGANIZATION THAT HAS BEEN ADVANCING ECONOMIC MOBILITY FOR 30 YEARS THROUGH RIGOROUS TRAINING, PROFESSIONAL DEVELOPMENT, AND ROBUST EMPLOYER CONNECTIONS. WE ARE BUILDING A FUTURE WHERE SUCCESSFUL CAREERS IN TECH ARE ACCESSIBLE TO EVERYONE ACROSS URBAN, SUBURBAN, AND RURAL COMMUNITIES, EMPOWERING INDIVIDUALS TO UNLOCK THEIR POTENTIAL AND DRIVE TRANSFORMATIVE ECONOMIC CHANGE NATIONWIDE.

Income
$70.0 million
Spending
$68.6 million
Spent on programs
80%
Reserves
5.3 months of spending
Largest source of income
donations and private grants, 76%
Employees
656
Volunteers
1,670
Highest pay
$490,772, president and ceo

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 62 out of 100. Higher than 39% of charities in its peer group (employment, $10m to $100m).

  • Reserves

    20 of 35

    Spendable reserves would cover 5.3 months of spending.

  • Debt

    10 of 20

    It owes 39% of what it owns.

  • Living within its means

    12 of 15

    Income exceeded spending by 2% of income.

  • Income trend

    5 of 15

    Income fell 16% on the year before.

  • Spending floor

    15 of 15

    80% of spending went to programs and raising each dollar of donations cost 9 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 42% of charities in its peer group (employment, $10m to $100m).

  • Independent board

    25 of 25

    18 of 19 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)
  1. $54.8 million spent. 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 THEIR HIGHEST EDUCATIONAL CREDENTIAL.
  2. $49,857 spent. 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.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since March 1995.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.