Ethical Community Charter School

Analysis

Ethical Community Charter School is a registered charity in United States, based in Jersey City, NJ. It received its IRS tax-exemption ruling in December 2009, 17 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, Ethical Community Charter School reported income of $9.0m and spending of $7.6m, spending 85% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $5.3m to $9.0m (+70%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 36%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ethical Community 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 96th percentile within NJ. Charities of a similar size with the same main cause include Quality Education Academy ($9.0m), Distributive Education Clubs of America ($9.0m) and Christian School at Castle Hills ($9.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 1.0% of the total. Other salaries and wages came to $3.7m. At year end it held assets of $6.1m against liabilities of $854k, net assets of $5.2m. It reported 73 employees.