Acera School Inc

Analysis

Acera School Inc is a registered charity in United States, based in Winchester, MA. It received its IRS tax-exemption ruling in October 2010, 16 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, Acera School Inc reported income of $6.4m and spending of $6.5m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.3m to $6.4m (+48%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 53%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Acera School Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MA. Charities of a similar size with the same main cause include Legacy Schools ($6.4m), Peckham Community Partnership Foundation ($6.4m) and Virginia New Majority Education Fund ($6.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.1% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $45k (0.7% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $12.3m against liabilities of $5.5m, net assets of $6.8m. It reported 103 employees.