Anderson Creek Club Charter School Inc

Analysis

Anderson Creek Club Charter School Inc is a registered charity in United States, based in Spring Lake, NC. It received its IRS tax-exemption ruling in September 2013, 13 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, Anderson Creek Club Charter School Inc reported income of $3.0m and spending of $2.6m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $3.0m (+35%), an average of +7.9% a year. The sharpest change came in the year to June 2021, when income rose by 26%. 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, Anderson Creek Club Charter School Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within NC. Charities of a similar size with the same main cause include Adams County Childrens Educational & Special Services Inc ($3.0m), Ridgeline Montessori Public Charter School ($3.0m) and Fairhill School ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $114k (4.5% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $3.3m against liabilities of $820k, net assets of $2.5m. It reported 61 employees.