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Shreveport Charter Schools Inc

RegisteredEIN 26-4132657Shreveport, LAEducation and training
Income$18.0m2023-06
Spending$16.9msame year
Spent / received92%5-year average
Size in its cause96th pctEducation and training
Exempt since2010Publicly supported organisat
Employees205latest return

Analysis

Shreveport Charter Schools Inc is a registered charity in United States, based in Shreveport, LA. 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 publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Shreveport Charter Schools Inc reported income of $18.0m and spending of $16.9m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.4m to $18.0m (+58%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shreveport Charter Schools Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within LA. Charities of a similar size with the same main cause include Yula High School ($18.0m), Pathways in Education Illinois ($18.0m) and Victory College Prep Inc ($18.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $9.7m. At year end it held assets of $9.8m against liabilities of $1.2m, net assets of $8.6m. It reported 205 employees.

Income and spending

$0$4.5m$9.0m$13.5m$18.0m2019 Income: $11,405,6062019 Spending: $10,749,97420192020 Income: $12,269,8252020 Spending: $11,435,51420202021 Income: $15,366,4892021 Spending: $13,742,20720212022 Income: $17,367,1292022 Spending: $15,909,68820222023 Income: $18,006,4382023 Spending: $16,942,4232023
IncomeSpending

Where the income comes from

  • Contributions & grants 99%
  • Other 0.9%

Similar-sized charities, same cause

CharityLocationIncome
Yula High SchoolLos Angeles$18.0m
Pathways in Education IllinoisPasadena$18.0m
Victory College Prep IncIndianapolis$18.0m
Hope Educational & Research CenterSaint Louis$18.0m