Brooklyn Excelsior Charter School

Analysis

Brooklyn Excelsior Charter School is a registered charity in United States, based in Brooklyn, NY. 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, Brooklyn Excelsior Charter School reported income of $13.5m and spending of $13.4m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.0m to $13.5m (+23%), an average of +5.3% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brooklyn Excelsior Charter School sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Oakland Promise ($13.5m), Braination Inc ($13.5m) and Legacy Traditional School Maricopa ($13.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Other salaries and wages came to $5.9m. At year end it held assets of $800k against liabilities of $609k, net assets of $191k.