Community Partnership Charter School

Analysis

Community Partnership Charter School is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in February 2001, 25 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, Community Partnership Charter School reported income of $24.5m and spending of $27.3m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $15.2m to $24.5m (+62%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Community Partnership 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 96th percentile within NY. Charities of a similar size with the same main cause include Montana Higher Education Student Assistance Corporation ($24.5m), Peak to Peak Charter Schools Inc ($24.5m) and Synapse School ($24.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $1.3m (4.9% of expenses). Other salaries and wages came to $12.7m. At year end it held assets of $60.5m against liabilities of $58.1m, net assets of $2.4m. It reported 179 employees.