Westminster Community Charter School

Analysis

Westminster Community Charter School is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in November 2005, 21 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, Westminster Community Charter School reported income of $7.9m and spending of $10.2m, spending 128% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $9.0m to $7.9m (-12%), an average of -4.1% a year. The sharpest change came in the year to June 2022, when income dropped by 17%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Westminster Community Charter School sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Roosevelt Preparatory Academy ($7.9m), Population Media Center Inc ($7.9m) and Reach Baltimore Inc ($7.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $66k (0.6% of expenses). Other salaries and wages came to $5.3m. At year end it held assets of $13.6m against liabilities of $6.0m, net assets of $7.6m. It reported 113 employees.