Two Roads Charter School

Analysis

Two Roads Charter School is a registered charity in United States, based in Arvada, CO. It received its IRS tax-exemption ruling in January 2012, 14 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, Two Roads Charter School reported income of $6.5m and spending of $5.8m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.2m to $6.5m (-21%), an average of -5.7% a year. The sharpest change came in the year to June 2020, when income dropped by 32%. 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, Two Roads 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 CO. Charities of a similar size with the same main cause include Brookhaven Academy Educational Foundation Inc ($6.5m), Jackson Development Center Inc ($6.5m) and Center for Advanced Learning ($6.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 84% of the total. Other salaries and wages came to $3.1m. At year end it held assets of $7.9m against liabilities of $9.4m, net assets of -$1.5m.