City of Palms Charter High School Inc
Analysis
City of Palms Charter High School Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, City of Palms Charter High School Inc reported income of $4.6m and spending of $4.2m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.7m to $4.6m (+22%), an average of +5.2% a year. Over the whole period it spent 98% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, City of Palms Charter High School Inc sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Catawba County Partnership for Children ($4.6m), St Cloud State University Foundation Inc ($4.6m) and Bronxnet Public Media Corporation ($4.6m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 90% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $2.5m against liabilities of $581k, net assets of $2.0m. It reported 34 employees.
Income and spending
Where the income comes from
- Contributions & grants 10%
- Program services 90%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Catawba County Partnership for Children | Hickory | $4.6m |
| St Cloud State University Foundation Inc | Saint Cloud | $4.6m |
| Bronxnet Public Media Corporation | Bronx | $4.6m |
| Alief Montessori Community School | Houston | $4.6m |