Hope Community Public Charter School

Analysis

Hope Community Public Charter School is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2006, 20 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 2024, Hope Community Public Charter School reported income of $9.0m and spending of $8.3m, spending 93% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $16.2m to $9.0m (-45%), an average of -11% a year. The sharpest change came in the year to June 2022, when income dropped by 44%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hope Community Public Charter School sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 86th percentile within DC. Charities of a similar size with the same main cause include International Institute of Islamic Thought ($9.0m), Maker Learning Network ($9.0m) and Stepping Stones Charter Elementary Inc ($9.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 33% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $462k (5.6% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $14.9m against liabilities of $10.9m, net assets of $4.0m. It reported 84 employees.