Lafayette Charter School

Analysis

Lafayette Charter School is a registered charity in United States, based in Lafayette, MN. 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Lafayette Charter School reported income of $987k and spending of $979k, spending 99% of its income. Across the 4 years on record, from June 2019 to June 2022, income fell from $1.0m to $987k (-1.6%), an average of -0.5% a year. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lafayette Charter School sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MN. Charities of a similar size with the same main cause include Secular Student Alliance ($987k), Annenberg School of Nursing ($987k) and Runnin for Rhett ($987k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 98% and program service revenue 1.9% of the total. Other salaries and wages came to $20k. At year end it held assets of $331k against liabilities of $102k, net assets of $228k. It reported 25 employees.