Carl C Icahn Charter School

Analysis

Carl C Icahn Charter School is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in May 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, Carl C Icahn Charter School reported income of $6.9m and spending of $7.4m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.8m to $6.9m (+18%), an average of +4.3% a year. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Carl C Icahn Charter School sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Friends of Appleton Library Incorporated ($6.9m), Western Academy Inc ($6.9m) and Citrus Springs Charter School ($6.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $537k (7.3% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $11.0m against liabilities of $2.9m, net assets of $8.1m. It reported 81 employees.