Aurora Charter School

Analysis

Aurora Charter School is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in September 2000, 26 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, Aurora Charter School reported income of $8.0m and spending of $7.2m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.2m to $8.0m (+28%), an average of +6.3% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aurora Charter School sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MN. Charities of a similar size with the same main cause include Student Association Inc ($7.9m), Capitol Collegiate Inc ($8.0m) and The Breakthrough Collaborative Inc ($7.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.3% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $100k (1.4% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $6.7m against liabilities of $8.6m, net assets of -$1.9m. It reported 75 employees.