Westside Atlanta Charter School Inc

Analysis

Westside Atlanta Charter School Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in December 2012, 14 years ago. 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, Westside Atlanta Charter School Inc reported income of $7.2m and spending of $7.3m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.4m to $7.2m (+65%), an average of +13% a year. The sharpest change came in the year to June 2020, when income rose by 32%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Westside Atlanta Charter School Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within GA. Charities of a similar size with the same main cause include Kentucky Science and Technology Corporation ($7.2m), Goodwill Industries of the Berkshires and Southern Vermont in ($7.2m) and Family Head Start ($7.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $315k (4.3% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $3.1m against liabilities of $639k, net assets of $2.4m. It reported 77 employees.