Center City Public Charter Schools

Analysis

Center City Public Charter Schools is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 2008, 18 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, Center City Public Charter Schools reported income of $38.1m and spending of $36.2m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $31.0m to $38.1m (+23%), an average of +5.2% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Center City Public Charter Schools sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 96th percentile within DC. Charities of a similar size with the same main cause include Wichita State University Foundation ($38.0m), Gestalt Community Schools ($38.1m) and Truett McConnell University Inc ($38.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $322k (0.9% of expenses). Other salaries and wages came to $20.3m. At year end it held assets of $39.1m against liabilities of $17.0m, net assets of $22.1m. It reported 357 employees.