Amber Charter School

Analysis

Amber Charter School is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2000, 26 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, Amber Charter School reported income of $27.2m and spending of $28.5m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $15.8m to $27.2m (+72%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Amber Charter School sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include National League of Cities Institute Inc ($27.2m), Mastery Charter School - Gratz Campus ($27.2m) and San Diego Jewish Academy ($27.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $1.2m (4.1% of expenses). At year end it held assets of $120.1m against liabilities of $109.5m, net assets of $10.6m. It reported 224 employees.