American Charter Schools Foundation

Analysis

American Charter Schools Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, American Charter Schools Foundation reported income of $50.3m and spending of $45.7m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $35.6m to $50.3m (+41%), an average of +9.0% a year. The sharpest change came in the year to June 2022, when income rose by 28%. 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, American Charter Schools Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within AZ. Charities of a similar size with the same main cause include True North Rochester Preparatorycharter School ($50.2m), Central College ($50.3m) and Faculty Students Association of State University of New York ($50.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $136k (0.3% of expenses). At year end it held assets of $91.4m against liabilities of $78.3m, net assets of $13.0m. It reported 1 employees.