Cortez Park Charter Middle School Inc

Analysis

Cortez Park Charter Middle School Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in December 2007, 19 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, Cortez Park Charter Middle School Inc reported income of $3.2m and spending of $2.8m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $3.2m (+49%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 15%. 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, Cortez Park Charter Middle School Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within AZ. Charities of a similar size with the same main cause include Hermosa Montessori Charter School ($3.2m), Cypress High School ($3.2m) and North Carolina High School for Accelerated Learning - Wake ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $31k (1.1% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $2.0m against liabilities of $116k, net assets of $1.9m.