Constellation Schools Madison Community Elementary

Analysis

Constellation Schools Madison Community Elementary is a registered charity in United States, based in Parma, OH. It received its IRS tax-exemption ruling in November 2005, 21 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, Constellation Schools Madison Community Elementary reported income of $3.6m and spending of $2.9m, spending 80% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $3.6m (+20%), an average of +4.6% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Constellation Schools Madison Community Elementary sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within OH. Charities of a similar size with the same main cause include Kootenai Bridge Academy ($3.6m), Shepherds Gate Corp ($3.6m) and Tennessee Educational Cooperative ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $6.0m against liabilities of $6.3m, net assets of -$234k. It reported 42 employees.