Nittany Valley Charter School Inc

Analysis

Nittany Valley Charter School Inc is a registered charity in United States, based in State College, PA. It received its IRS tax-exemption ruling in January 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, Nittany Valley Charter School Inc reported income of $957k and spending of $945k, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $762k to $957k (+26%), an average of +7.9% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nittany Valley Charter School Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within PA. Charities of a similar size with the same main cause include University of Southern Mississippi Research Foundation ($957k), Parent Cooperative for Early Learning Inc ($958k) and Bedford Montessori School Inc ($957k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.4% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $87k (9.2% of expenses). Other salaries and wages came to $466k. At year end it held assets of $1.4m against liabilities of $546k, net assets of $820k. It reported 11 employees.