Constellation Schools Elyria Community Elementary

Analysis

Constellation Schools Elyria Community Elementary is a registered charity in United States, based in Parma, OH. It received its IRS tax-exemption ruling in September 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 Elyria Community Elementary reported income of $5.7m and spending of $4.6m, spending 80% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.4m to $5.7m (+32%), an average of +7.1% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Constellation Schools Elyria Community Elementary sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within OH. Charities of a similar size with the same main cause include Tessellations ($5.7m), Holy Apostles College & Seminary ($5.7m) and Virginia Commonwealth University School of Business Foundation ($5.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Other salaries and wages came to $2.5m. At year end it held assets of $7.5m against liabilities of $5.8m, net assets of $1.7m. It reported 67 employees.