Excellence Community Schools Inc

Analysis

Excellence Community Schools Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in February 2004, 22 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 2023, Excellence Community Schools Inc reported income of $19.2m and spending of $8.3m, leaving 57% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.3m to $19.2m (+260%), an average of +38% a year. The sharpest change came in the year to June 2023, when income rose by 84%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Excellence Community Schools 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 96th percentile within NY. Charities of a similar size with the same main cause include Hope Online Learning Academy Co-Op ($19.2m), Eagle Academy Public Charter School Inc ($19.2m) and Native Project ($19.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $2.5m (30% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $101.3m against liabilities of $79.4m, net assets of $21.9m. It reported 40 employees.