Avon Grove Charter School
Analysis
Avon Grove Charter School is a registered charity in United States, based in West Grove, PA. It received its IRS tax-exemption ruling in November 2002, 24 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, Avon Grove Charter School reported income of $35.9m and spending of $33.5m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $28.2m to $35.9m (+27%), an average of +6.2% a year. Over the whole period it spent 91% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Avon Grove Charter School sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include Trustees of the Lawrence Academy at Groton ($35.8m), The Accelerated Schools ($35.9m) and Michigan State University Foundation ($35.7m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.3% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $1.3m (3.9% of expenses). Other salaries and wages came to $13.0m. At year end it held assets of $51.5m against liabilities of $63.5m, net assets of -$12.0m. It reported 275 employees.
Income and spending
Where the income comes from
- Contributions & grants 8.3%
- Program services 91%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Trustees of the Lawrence Academy at Groton | Groton | $35.8m |
| The Accelerated Schools | Los Angeles | $35.9m |
| Michigan State University Foundation | East Lansing | $35.7m |
| G Squared Foundation Inc | Spring | $35.9m |