Collegium Charter School

Analysis

Collegium Charter School is a registered charity in United States, based in Exton, PA. It received its IRS tax-exemption ruling in June 2001, 25 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, Collegium Charter School reported income of $62.5m and spending of $61.7m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $51.4m to $62.5m (+21%), an average of +5.0% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Collegium Charter School sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within PA. Charities of a similar size with the same main cause include Old Dominion University Research Foundation ($62.4m), Miami Country Day School Inc ($62.5m) and Midland University ($62.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.4% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $6.7m (11% of expenses). Other salaries and wages came to $23.8m. At year end it held assets of $111.1m against liabilities of $100.7m, net assets of $10.5m. It reported 710 employees.