Calhoun Falls Charter School

Analysis

Calhoun Falls Charter School is a registered charity in United States, based in Calhoun Falls, SC. It received its IRS tax-exemption ruling in July 2010, 16 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, Calhoun Falls Charter School reported income of $2.5m and spending of $2.4m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $2.5m (+24%), an average of +5.6% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Calhoun Falls Charter School sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within SC. Charities of a similar size with the same main cause include Bellevue Santa Fe Charter School Inc ($2.5m), Veritas Preparatory School Inc ($2.5m) and How Institute for Society ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 7.2% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $1.4m against liabilities of $240k, net assets of $1.2m. It reported 46 employees.