Hebrew Language Academy Charter School

Analysis

Hebrew Language Academy Charter School is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 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, Hebrew Language Academy Charter School reported income of $15.2m and spending of $14.8m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $14.0m to $15.2m (+8.5%), an average of +2.1% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hebrew Language Academy Charter School sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Santiago Middle School ($15.2m), Legacy Traditional School- Avondale Inc ($15.2m) and Atlanta Neighborhood Charter School Inc ($15.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $207k (1.4% of expenses). Other salaries and wages came to $6.0m. At year end it held assets of $7.7m against liabilities of $3.2m, net assets of $4.5m. It reported 104 employees.