Arcadia Charter School

Analysis

Arcadia Charter School is a registered charity in United States, based in Northfield, MN. It received its IRS tax-exemption ruling in December 2003, 23 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, Arcadia Charter School reported income of $2.3m and spending of $2.2m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $2.3m (+15%), an average of +3.6% a year. The sharpest change came in the year to June 2022, when income rose by 23%. 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, Arcadia Charter School sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MN. Charities of a similar size with the same main cause include Small Wonder Pre-School Inc ($2.3m), Public Education Foundation of Marion County Inc ($2.3m) and Sedona Public Library ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $270k (12% of expenses). Other salaries and wages came to $981k. At year end it held assets of $1.3m against liabilities of $1.6m, net assets of -$265k. It reported 49 employees.