Eagle County Charter Academy
Analysis
Eagle County Charter Academy is a registered charity in United States, based in Edwards, CO. It received its IRS tax-exemption ruling in July 2014, 12 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 2024, Eagle County Charter Academy reported income of $5.8m and spending of $5.6m, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.5m to $5.8m (+28%), an average of +6.3% a year. Over the whole period it spent 88% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Eagle County Charter Academy sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CO. Charities of a similar size with the same main cause include Florida High School for Accelerated Learning-South Lee Cam ($5.8m), Gem Prep Meridian LLC ($5.8m) and Bethel College ($5.8m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 7.5% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $404k (7.2% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $12.9m against liabilities of $7.8m, net assets of $5.1m. It reported 52 employees.
Income and spending
Where the income comes from
- Contributions & grants 7.5%
- Program services 90%
- Other 2.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Florida High School for Accelerated Learning-South Lee Cam | Naples | $5.8m |
| Gem Prep Meridian LLC | Deary | $5.8m |
| Bethel College | Redding | $5.8m |
| Raleigh School Inc | Raleigh | $5.8m |