Agora Cyber Charter School Hope B Hague

Analysis

Agora Cyber Charter School Hope B Hague is a registered charity in United States, based in King of Prussia, PA. It received its IRS tax-exemption ruling in February 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Agora Cyber Charter School Hope B Hague reported income of $116.3m and spending of $107.6m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $96.4m to $116.3m (+21%), an average of +4.8% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Agora Cyber Charter School Hope B Hague sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within PA. Charities of a similar size with the same main cause include Marywood University ($116.2m), Bright Star Schools ($116.4m) and A Beka Academy Inc ($116.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $528k (0.5% of expenses). At year end it held assets of $46.4m against liabilities of $22.2m, net assets of $24.2m. It reported 716 employees.