Chester County Family Academy-A Pennsylvania Charter School

Analysis

Chester County Family Academy-A Pennsylvania Charter School is a registered charity in United States, based in West Chester, PA. It received its IRS tax-exemption ruling in March 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, Chester County Family Academy-A Pennsylvania Charter School reported income of $622k and spending of $1.6m, spending 251% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.6m to $622k (-61%), an average of -21% a year. The sharpest change came in the year to June 2023, when income dropped by 53%. Over the whole period it spent 117% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chester County Family Academy-A Pennsylvania Charter School sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within PA. Charities of a similar size with the same main cause include System Dynamics Society Inc ($622k), Millionaire Mind Kids ($622k) and New Albany Montessori School ($622k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.7% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $117k (7.5% of expenses). Other salaries and wages came to $347k. At year end it held assets of $1.7m against liabilities of $607k, net assets of $1.1m. It reported 20 employees.