E-Stem Public Charter Schools Inc

Analysis

E-Stem Public Charter Schools Inc is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, E-Stem Public Charter Schools Inc reported income of $2.8m and spending of $3.7m, spending 132% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.0m to $2.8m (-5.2%), an average of -1.3% a year. The sharpest change came in the year to June 2020, when income rose by 20%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, E-Stem Public Charter Schools Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within AR. Charities of a similar size with the same main cause include Council on Accreditation of Nurse Anesthetists ($2.8m), Peace Valley Charter School Inc ($2.8m) and Alliance Public Services Inc ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.6% and program service revenue 114% of the total. Compensation of current officers, directors and key employees was $233k (6.3% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $18.2m against liabilities of $20.0m, net assets of -$1.8m. It reported 80 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.