Charter School for Applied Technologies

Analysis

Charter School for Applied Technologies is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Charter School for Applied Technologies reported income of $38.7m and spending of $37.2m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $38.3m to $38.7m (+1.0%), an average of +0.2% a year. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Charter School for Applied Technologies sits at the 98th percentile: it is larger than about 98% 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 LA Roche University ($38.6m), Cora Services Inc ($38.7m) and Bowling Green State University Foundation Inc ($38.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $353k (1.0% of expenses). Other salaries and wages came to $19.9m. At year end it held assets of $63.3m against liabilities of $30.3m, net assets of $33.0m. It reported 521 employees.