Amandla Charter School

Analysis

Amandla Charter School is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 2008, 18 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, Amandla Charter School reported income of $3.4m and spending of $2.9m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.4m to $3.4m (-23%), an average of -6.2% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Amandla Charter School sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within IL. Charities of a similar size with the same main cause include Agathos School of Columbia ($3.4m), Infinity Charter School ($3.4m) and Higher Institute of Arts and Technology Inc ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $136k (4.7% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $1.8m against liabilities of $239k, net assets of $1.6m. It reported 37 employees.