Community Roots Charter School

Analysis

Community Roots Charter School is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 2007, 19 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, Community Roots Charter School reported income of $10.8m and spending of $11.3m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.6m to $10.8m (+12%), an average of +3.0% a year. The sharpest change came in the year to June 2022, when income rose by 28%. 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, Community Roots Charter School sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Woodlynde School Corp ($10.8m), Access College Foundation ($10.8m) and Lincoln Academy ($10.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.6% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $868k (7.7% of expenses). Other salaries and wages came to $6.9m. At year end it held assets of $4.7m against liabilities of $1.2m, net assets of $3.4m. It reported 171 employees.