Wissahickon Charter School

Analysis

Wissahickon Charter School is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Wissahickon Charter School reported income of $20.2m and spending of $19.6m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.5m to $20.2m (+22%), an average of +5.2% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wissahickon Charter School sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within PA. Charities of a similar size with the same main cause include LA Scuola International School ($20.2m), Siatech Inc ($20.2m) and American Association of School Administrators Inc ($20.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $272k (1.4% of expenses). Other salaries and wages came to $8.9m. At year end it held assets of $34.2m against liabilities of $28.6m, net assets of $5.6m. It reported 210 employees.