Charles School

Analysis

Charles School is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in March 2008, 18 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 2024, Charles School reported income of $5.6m and spending of $5.3m, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.1m to $5.6m (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2024, when income rose by 22%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Charles School sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within OH. Charities of a similar size with the same main cause include Ambition Preparatory Charter School ($5.6m), Harvard Global Research and Support Services Inc ($5.6m) and Montessori Society of Central MD Inc ($5.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.4m against liabilities of $104k, net assets of $1.3m.