21st Century Charter School at Gary Inc

Analysis

21st Century Charter School at Gary Inc is a registered charity in United States, based in Gary, IN. It received its IRS tax-exemption ruling in February 2007, 19 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, 21st Century Charter School at Gary Inc reported income of $21.1m and spending of $20.8m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.1m to $21.1m (+108%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 65%. 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, 21st Century Charter School at Gary Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IN. Charities of a similar size with the same main cause include William Monroe Rowlett Academy for Arts and Communication ($21.1m), Rosemont College of the Holy Child Jesus ($21.1m) and Sugar Creek Charter School Inc ($21.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.7% of the total. Other salaries and wages came to $6.7m. At year end it held assets of $20.2m against liabilities of $15.2m, net assets of $4.9m. It reported 264 employees.