Lehigh Valley Charter High School for the Arts
Analysis
Lehigh Valley Charter High School for the Arts is a registered charity in United States, based in Bethlehem, PA. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Lehigh Valley Charter High School for the Arts reported income of $10.9m and spending of $10.4m, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $9.5m to $10.9m (+14%), an average of +3.4% a year. Over the whole period it spent 90% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Lehigh Valley Charter High School for the Arts 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 94th percentile within PA. Charities of a similar size with the same main cause include Trivium Academy of Classical Education ($10.9m), Katz Yeshiva High School of South Florida Inc ($10.9m) and Alpfa Foundation Inc ($10.9m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.2% and program service revenue 86% of the total. Other salaries and wages came to $5.4m. At year end it held assets of $5.8m against liabilities of $6.9m, net assets of -$1.2m. It reported 108 employees.
Income and spending
Where the income comes from
- Contributions & grants 6.2%
- Program services 86%
- Other 7.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Trivium Academy of Classical Education | Arroyo Grande | $10.9m |
| Katz Yeshiva High School of South Florida Inc | Boca Raton | $10.9m |
| Alpfa Foundation Inc | Austin | $10.9m |
| Epiphany School Inc | Dorchester | $10.9m |