Infinity Charter School

Analysis

Infinity Charter School is a registered charity in United States, based in Harrisburg, PA. It received its IRS tax-exemption ruling in November 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, Infinity Charter School reported income of $3.4m and spending of $3.2m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $3.4m (+18%), an average of +4.2% a year. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Infinity Charter School sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within PA. Charities of a similar size with the same main cause include Amandla Charter School ($3.4m), Nash ($3.4m) and Agathos School of Columbia ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.3% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $236k (7.4% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $10.9m against liabilities of $8.0m, net assets of $3.0m. It reported 41 employees.