Charter School Financing Partnership LLC

Analysis

Charter School Financing Partnership LLC is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in October 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Charter School Financing Partnership LLC reported income of $781k and spending of $135k, leaving 83% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $459k to $781k (+70%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 118%. Over the whole period it spent 30% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Charter School Financing Partnership LLC sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MA. Charities of a similar size with the same main cause include Changing Lives Academy Inc ($781k), Weatherford College Foundation Inc ($781k) and Hopkinsville Community College Foundation Inc ($781k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 25% of the total. At year end it held assets of $16.0m against liabilities of $91k, net assets of $15.9m.