Community Regional Charter School

Analysis

Community Regional Charter School is a registered charity in United States, based in Skowhegan, ME. It received its IRS tax-exemption ruling in June 2013, 13 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, Community Regional Charter School reported income of $4.9m and spending of $5.0m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.9m to $4.9m (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2021, when income rose by 36%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Community Regional Charter School sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within ME. Charities of a similar size with the same main cause include Turkish American Society Inc ($4.9m), Criswell College ($4.9m) and Solutions Journalism Network Inc ($4.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.3% of the total. Other salaries and wages came to $2.4m. At year end it held assets of $5.4m against liabilities of $3.1m, net assets of $2.3m. It reported 107 employees.