Raleigh Charter High School Foundation Inc

Analysis

Raleigh Charter High School Foundation Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Raleigh Charter High School Foundation Inc reported income of $948k and spending of $987k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $814k to $948k (+16%), an average of +3.9% a year. The sharpest change came in the year to June 2020, when income rose by 245%. Over the whole period it spent 57% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Raleigh Charter High School Foundation Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within NC. Charities of a similar size with the same main cause include Computers for Classrooms Inc ($948k), Mentoring in Medicine Inc ($948k) and College of American Pathologists Foundation ($948k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $9.8m against liabilities of $4.2m, net assets of $5.6m.