DC Bilingual Public Charter School

Analysis

DC Bilingual Public Charter School is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 2004, 22 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, DC Bilingual Public Charter School reported income of $16.5m and spending of $16.2m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.7m to $16.5m (+41%), an average of +9.0% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, DC Bilingual Public Charter School sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 92nd percentile within DC. Charities of a similar size with the same main cause include St Hope Public Schools ($16.5m), Greater Raleigh Area Christian Education Inc ($16.5m) and Tindley Accelerated Schools Inc ($16.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $318k (2.0% of expenses). Other salaries and wages came to $8.0m. At year end it held assets of $47.7m against liabilities of $35.8m, net assets of $11.9m. It reported 201 employees.