Corvian Community School Inc

Analysis

Corvian Community School Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in May 2012, 14 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, Corvian Community School Inc reported income of $18.4m and spending of $17.8m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.3m to $18.4m (+97%), an average of +18% a year. The sharpest change came in the year to June 2022, when income dropped by 100%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Corvian Community School 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 98th percentile within NC. Charities of a similar size with the same main cause include Summit Public Schools Washington ($18.4m), Tohono O Odham Community College ($18.4m) and Lakes International Language Academy ($18.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 3.4% of the total. At year end it held assets of $71.2m against liabilities of $77.7m, net assets of -$6.4m. It reported 281 employees.