Chesapeake Charter School Alliance Ltd

Analysis

Chesapeake Charter School Alliance Ltd is a registered charity in United States, based in Lexington PK, MD. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Chesapeake Charter School Alliance Ltd reported income of $7.0m and spending of $6.7m, spending 96% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $5.1m to $7.0m (+37%), an average of +6.5% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chesapeake Charter School Alliance Ltd 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 94th percentile, and in the 93rd percentile within MD. Charities of a similar size with the same main cause include Chicago Public Library Foundation ($7.0m), Island Village Montessori School Inc ($7.0m) and Proprietors of the Boston Athenaeum ($7.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $4.3m. At year end it held assets of $9.2m against liabilities of $7.8m, net assets of $1.4m. It reported 1 employees.