Green Woods Charter School

Analysis

Green Woods Charter School is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in April 2003, 23 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, Green Woods Charter School reported income of $12.5m and spending of $11.9m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.7m to $12.5m (+43%), an average of +9.3% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Green Woods 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 95th percentile within PA. Charities of a similar size with the same main cause include Big Ten Academic Alliance ($12.5m), Hyde Leadership Charter School-Brooklyn ($12.5m) and Paine College ($12.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 77% of the total. Other salaries and wages came to $5.3m. It paid $804 in professional fundraising fees. At year end it held assets of $27.7m against liabilities of $27.1m, net assets of $616k. It reported 95 employees.