Axl Charter School

Analysis

Axl Charter School is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in August 2012, 14 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, Axl Charter School reported income of $5.1m and spending of $5.4m, spending 105% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $5.4m to $5.1m (-4.9%), an average of -1.7% a year. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Axl Charter School sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CO. Charities of a similar size with the same main cause include Memphis Grizzlies Preparatory Charter School Inc ($5.1m), River Oaks Academy Charter School ($5.1m) and International Spanish Language Academy ($5.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $277k (5.1% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $4.2m against liabilities of $9.3m, net assets of -$5.1m. It reported 56 employees.