Robert Treat Academy Charter School Inc

Analysis

Robert Treat Academy Charter School Inc is a registered charity in United States, based in Newark, NJ. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Robert Treat Academy Charter School Inc reported income of $16.4m and spending of $15.0m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.6m to $16.4m (+21%), an average of +4.8% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Robert Treat Academy Charter School 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 97th percentile, and in the 98th percentile within NJ. Charities of a similar size with the same main cause include USA Hockey Foundation ($16.4m), The Arc of Blackstone Valley ($16.4m) and Shore Country Day School ($16.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.1% of the total. Other salaries and wages came to $7.6m. At year end it held assets of $5.6m against liabilities of $4.7m, net assets of $853k.