Manchester Academic Charter School

Analysis

Manchester Academic Charter School is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in August 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, Manchester Academic Charter School reported income of $11.6m and spending of $10.1m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.5m to $11.6m (+22%), an average of +5.0% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Manchester Academic Charter School 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 96th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Ecumenical Community ($11.6m), Louisiana Key Academy ($11.6m) and Miriam Foundation ($11.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $248k (2.5% of expenses). Other salaries and wages came to $4.1m. It paid $12k in professional fundraising fees. At year end it held assets of $18.2m against liabilities of $10.7m, net assets of $7.4m. It reported 101 employees.