Hope for Hyndman Charter School

Analysis

Hope for Hyndman Charter School is a registered charity in United States, based in Hyndman, PA. It received its IRS tax-exemption ruling in April 2011, 15 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, Hope for Hyndman Charter School reported income of $2.9m and spending of $2.7m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $2.9m (+16%), an average of +3.8% a year. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hope for Hyndman Charter School sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within PA. Charities of a similar size with the same main cause include Helix Community Schools ($2.9m), Danielson Group Inc ($2.9m) and River Valley Charter School ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $72k (2.7% of expenses). Other salaries and wages came to $962k. At year end it held assets of $2.0m against liabilities of $2.4m, net assets of -$372k. It reported 48 employees.