Health Sciences Charter School

Analysis

Health Sciences Charter School is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in December 2009, 17 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, Health Sciences Charter School reported income of $7.5m and spending of $6.6m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.8m to $7.5m (+11%), an average of +2.5% a year. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Health Sciences Charter School sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Idaho Virtual High School Inc ($7.5m), The Learning Center of North Arkansas ($7.5m) and Echo Foundation ($7.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $142k (2.1% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $11.0m against liabilities of $7.1m, net assets of $3.9m. It reported 90 employees.