West Philadelphia Achievement Charter Elementary School

Analysis

West Philadelphia Achievement Charter Elementary School is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in January 2003, 23 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, West Philadelphia Achievement Charter Elementary School reported income of $12.2m and spending of $11.2m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.8m to $12.2m (+39%), an average of +8.5% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, West Philadelphia Achievement Charter Elementary 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 95th percentile within PA. Charities of a similar size with the same main cause include North Mississippi Education Consortium Inc ($12.2m), Academic Leadership Charter School ($12.2m) and Civic Nation ($12.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $371k (3.3% of expenses). Other salaries and wages came to $5.1m. At year end it held assets of $14.6m against liabilities of $12.1m, net assets of $2.4m. It reported 159 employees.