Global Concepts Charter School

Analysis

Global Concepts Charter School is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in June 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, Global Concepts Charter School reported income of $17.2m and spending of $16.3m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $14.8m to $17.2m (+16%), an average of +3.8% a year. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Global Concepts 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 95th percentile within NY. Charities of a similar size with the same main cause include Umep ($17.2m), Shulamith Institute for Girls Inc ($17.2m) and Heritage K-8 Charter ($17.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $175k (1.1% of expenses). Other salaries and wages came to $8.3m. At year end it held assets of $30.1m against liabilities of $8.2m, net assets of $21.9m. It reported 242 employees.