Russell Byers Charter School

Analysis

Russell Byers Charter School is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in September 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, Russell Byers Charter School reported income of $14.6m and spending of $12.8m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.7m to $14.6m (+37%), an average of +8.2% a year. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Russell Byers Charter School sits at the 95th percentile: it is larger than about 95% 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 Aristoi Classical Academy Inc ($14.6m), Atlanta Jewish Academy Inc ($14.6m) and Central Christian College of Kansas ($14.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $742k (5.8% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $25.3m against liabilities of $20.6m, net assets of $4.7m. It reported 102 employees.