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Inspired Teaching Demonstration Public Charter School

RegisteredEIN 27-2618506Washington, DCEducation and training
Income$13.0m2023-06
Spending$12.4msame year
Spent / received92%5-year average
Size in its cause94th pctEducation and training
Exempt since2010School
Employees129latest return

Analysis

Inspired Teaching Demonstration Public Charter School is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 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, Inspired Teaching Demonstration Public Charter School reported income of $13.0m and spending of $12.4m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.1m to $13.0m (+42%), an average of +9.2% a year. The sharpest change came in the year to June 2020, when income rose by 22%. 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, Inspired Teaching Demonstration Public Charter School sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 90th percentile within DC. Charities of a similar size with the same main cause include Kids on the Move Inc ($13.0m), Educational Charter Foundation of Florida Inc ($13.0m) and Learning Excellence Foundation of South Palm Beach Inc ($12.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.5% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $401k (3.2% of expenses). Other salaries and wages came to $6.4m. At year end it held assets of $20.7m against liabilities of $13.0m, net assets of $7.8m. It reported 129 employees.

Income and spending

$0$3.2m$6.5m$9.7m$13.0m2019 Income: $9,124,2242019 Spending: $8,216,35020192020 Income: $11,118,2452020 Spending: $9,435,87920202021 Income: $11,025,5322021 Spending: $10,241,07320212022 Income: $11,781,1732022 Spending: $11,391,36520222023 Income: $12,958,2432023 Spending: $12,392,3572023
IncomeSpending

Where the income comes from

  • Contributions & grants 4.5%
  • Program services 94%
  • Other 1.6%

Similar-sized charities, same cause

CharityLocationIncome
Kids on the Move IncOrem$13.0m
Educational Charter Foundation of Florida IncClermont$13.0m
Learning Excellence Foundation of South Palm Beach IncLake Worth$12.9m
Katz Hillel Day School of Boca Raton IncBoca Raton$13.0m