Southside Charter School

Analysis

Southside Charter School is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in February 2003, 23 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, Southside Charter School reported income of $11.9m and spending of $11.9m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.4m to $11.9m (+14%), an average of +3.3% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southside Charter School sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Spark SF Public Schools ($11.9m), Open Sky Education Inc ($11.9m) and Texas Private School Foundation Inc ($11.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Other salaries and wages came to $5.5m. At year end it held assets of $878k against liabilities of $679k, net assets of $199k.