Constellation Schools Lorain Community Schools

Analysis

Constellation Schools Lorain Community Schools is a registered charity in United States, based in Parma, OH. It received its IRS tax-exemption ruling in November 2005, 21 years ago. 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 Lorain Community Schools reported income of $1.5m and spending of $1.1m, leaving 31% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.5m (+17%), an average of +3.9% a year. The sharpest change came in the year to June 2020, when income rose by 19%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Constellation Schools Lorain Community Schools sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include Alleluia Christian Service Center Inc ($1.5m), Ecology Learning Center ($1.5m) and Childrens Home Society and Trust Foundation ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $370k. At year end it held assets of $1.7m against liabilities of $1.3m, net assets of $471k. It reported 22 employees.