Advanced Learning Charter School Inc

Analysis

Advanced Learning Charter School Inc is a registered charity in United States, based in Miami Gardens, FL. It received its IRS tax-exemption ruling in October 2015, 11 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, Advanced Learning Charter School Inc reported income of $12.2m and spending of $10.4m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.4m to $12.2m (+65%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 34%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Advanced Learning Charter School Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include Madison Country Day School Inc ($12.2m), Democracy Prep Agassi Campus ($12.2m) and Brookwood School Incorporated ($12.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. Other salaries and wages came to $4.5m. At year end it held assets of $14.9m against liabilities of $12.6m, net assets of $2.3m. It reported 135 employees.