Constellation Schools Parma Community Elementary

Analysis

Constellation Schools Parma Community Elementary is a registered charity in United States, based in Parma, OH. It received its IRS tax-exemption ruling in July 2001, 25 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, Constellation Schools Parma Community Elementary reported income of $14.8m and spending of $13.1m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.3m to $14.8m (+20%), an average of +4.8% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Constellation Schools Parma Community Elementary sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within OH. Charities of a similar size with the same main cause include DC Scholars Public Charter School Inc ($14.8m), Community of Peace Academy ($14.8m) and Summit Early Learning Inc ($14.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. Other salaries and wages came to $6.2m. At year end it held assets of $16.1m against liabilities of $21.8m, net assets of -$5.6m. It reported 191 employees.