Algiers Charter School Association Inc

Analysis

Algiers Charter School Association Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in December 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, Algiers Charter School Association Inc reported income of $29.6m and spending of $26.9m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $29.5m to $29.6m (+0.3%), an average of +0.1% a year. The sharpest change came in the year to June 2022, when income rose by 37%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Algiers Charter School Association Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within LA. Charities of a similar size with the same main cause include Chinese American International School ($29.6m), The Childrens Scholarship Fund ($29.6m) and Washington Adventist University Inc ($29.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $311k (1.2% of expenses). Other salaries and wages came to $12.7m. At year end it held assets of $16.3m against liabilities of $2.1m, net assets of $14.2m. It reported 292 employees.