Winfree Academy Charter School

Analysis

Winfree Academy Charter School is a registered charity in United States, based in Carrollton, TX. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Winfree Academy Charter School reported income of $11.9m and spending of $11.9m, spending 100% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $11.2m to $11.9m (+6.4%), an average of +1.6% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Winfree Academy Charter School sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Riverfield Country Day School ($11.9m), Los Angeles Education Corps ($11.9m) and Keystone School ($11.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $6.0m. At year end it held assets of $17.0m against liabilities of $14.3m, net assets of $2.7m. It reported 131 employees.