Central City Cyber School of Milwaukee

Analysis

Central City Cyber School of Milwaukee is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in August 1999, 27 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 July 2023, Central City Cyber School of Milwaukee reported income of $5.4m and spending of $5.6m, spending 103% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $4.7m to $5.4m (+15%), an average of +3.6% a year. The sharpest change came in the year to July 2022, when income rose by 20%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Central City Cyber School of Milwaukee 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 92nd percentile, and in the 93rd percentile within WI. Charities of a similar size with the same main cause include Appalachian College of Pharmacy ($5.4m), Mount Auburn Preparatory Academy ($5.4m) and Sheet Metal Workers Local Union No 28 Education Fund ($5.4m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $142k (2.5% of expenses). Other salaries and wages came to $3.0m. It paid $105k in professional fundraising fees. At year end it held assets of $3.7m against liabilities of $376k, net assets of $3.3m. It reported 71 employees.