Elysian Charter School of Hoboken Inc

Analysis

Elysian Charter School of Hoboken Inc is a registered charity in United States, based in Hoboken, NJ. It received its IRS tax-exemption ruling in January 1999, 27 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, Elysian Charter School of Hoboken Inc reported income of $6.3m and spending of $5.8m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.3m to $6.3m (+19%), an average of +4.3% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Elysian Charter School of Hoboken Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NJ. Charities of a similar size with the same main cause include Barrington Stage Co Inc ($6.3m), Westwood School Corp ($6.3m) and Crown Pointe Academy ($6.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $150k (2.6% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $2.2m against liabilities of $171k, net assets of $2.1m. It reported 98 employees.