Charter School of the Dunes Inc

Analysis

Charter School of the Dunes Inc is a registered charity in United States, based in Gary, IN. It received its IRS tax-exemption ruling in August 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 2024, Charter School of the Dunes Inc reported income of $12.4m and spending of $9.6m, leaving 23% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $6.8m to $12.4m (+82%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 96%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Charter School of the Dunes Inc 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 96th percentile within IN. Charities of a similar size with the same main cause include Keio Academy of New York ($12.4m), Oregonians for Online Education Inc ($12.4m) and Eugenio Maria Dehostos Charter School ($12.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $364k (3.8% of expenses). Other salaries and wages came to $4.8m. At year end it held assets of $11.9m against liabilities of $3.8m, net assets of $8.1m. It reported 101 employees.