Academy for Science and Design Charter School

Analysis

Academy for Science and Design Charter School is a registered charity in United States, based in Nashua, NH. It received its IRS tax-exemption ruling in May 2013, 13 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 2024, Academy for Science and Design Charter School reported income of $6.5m and spending of $6.0m, spending 93% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.2m to $6.5m (+56%), an average of +12% a year. The sharpest change came in the year to June 2024, when income rose by 43%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Academy for Science and Design Charter School sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NH. Charities of a similar size with the same main cause include Florida Polytechnic University Foundation Inc ($6.5m), Our Community School ($6.5m) and Icahn Charter School 2 ($6.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 8.5% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $111k (1.8% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $15.5m against liabilities of $11.4m, net assets of $4.1m. It reported 83 employees.