Rochdale Early Advantage Charter School

Analysis

Rochdale Early Advantage Charter School is a registered charity in United States, based in Jamaica, NY. It received its IRS tax-exemption ruling in April 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, Rochdale Early Advantage Charter School reported income of $10.1m and spending of $9.1m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.7m to $10.1m (+76%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rochdale Early Advantage Charter 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 The Coleridge Initiative Inc ($10.1m), Open Library of Richmond Inc ($10.1m) and Calvert County Day School Inc ($10.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $327k (3.6% of expenses). Other salaries and wages came to $4.9m. At year end it held assets of $10.5m against liabilities of $870k, net assets of $9.6m. It reported 83 employees.