Millville Public Charter School

Analysis

Millville Public Charter School is a registered charity in United States, based in Millville, NJ. It received its IRS tax-exemption ruling in December 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, Millville Public Charter School reported income of $5.6m and spending of $5.3m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.2m to $5.6m (+78%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Millville Public Charter School 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 NJ. Charities of a similar size with the same main cause include Young Scholars Academy Charter School Corporation ($5.6m), Glenwood School Inc ($5.6m) and The Unumb Center for Neurodevelopment ($5.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $2.4m. At year end it held assets of $3.3m against liabilities of $1.2m, net assets of $2.1m. It reported 73 employees.