Northwood Academy Charter School

Analysis

Northwood Academy Charter School is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in August 2006, 20 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, Northwood Academy Charter School reported income of $15.0m and spending of $13.9m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.5m to $15.0m (+31%), an average of +6.9% a year. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northwood Academy 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 96th percentile, and in the 95th percentile within PA. Charities of a similar size with the same main cause include Leman Classical School ($15.0m), The Center Resources for Teaching and Learning ($15.0m) and Fiafw Inc ($15.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. Other salaries and wages came to $5.9m. At year end it held assets of $25.1m against liabilities of $19.0m, net assets of $6.1m. It reported 115 employees.