Northside Charter High School

Analysis

Northside Charter High School is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 2011, 15 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 2024, Northside Charter High School reported income of $10.2m and spending of $10.6m, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $7.7m to $10.2m (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northside Charter High 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 93rd percentile within NY. Charities of a similar size with the same main cause include Uchcfc Circle Road Corp ($10.2m), Uab Educational Foundation ($10.2m) and Franklin School of Innovation Inc ($10.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.7% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $936k (8.9% of expenses). Other salaries and wages came to $5.7m. At year end it held assets of $7.8m against liabilities of $549k, net assets of $7.3m. It reported 100 employees.