Early Childhood Academy Public Charter School
Analysis
Early Childhood Academy Public Charter School is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 2005, 21 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, Early Childhood Academy Public Charter School reported income of $8.9m and spending of $7.4m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.6m to $8.9m (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 91% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Early Childhood Academy Public Charter School sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 86th percentile within DC. Charities of a similar size with the same main cause include Doral Academy of Northern Nevada ($8.9m), The Cottage School Educational Resource Center Inc ($8.9m) and California Indian Nations College Corporation ($8.9m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $506k (6.8% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $26.6m against liabilities of $17.7m, net assets of $8.9m. It reported 95 employees.
Income and spending
Where the income comes from
- Contributions & grants 29%
- Program services 70%
- Other 1.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Doral Academy of Northern Nevada | Reno | $8.9m |
| The Cottage School Educational Resource Center Inc | Roswell | $8.9m |
| California Indian Nations College Corporation | Palm Desert | $8.9m |
| New Life School | New York | $8.9m |