Cape Romain Environmental Education Charter School
Analysis
Cape Romain Environmental Education Charter School is a registered charity in United States, based in McClellanvle, SC. It received its IRS tax-exemption ruling in July 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, Cape Romain Environmental Education Charter School reported income of $2.5m and spending of $2.3m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $2.5m (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 94% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Cape Romain Environmental Education Charter School sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within SC. Charities of a similar size with the same main cause include Young Visionaries Youth Leadership Academy ($2.5m), Sicangu Owayawa Oti-Rosebud Dormitory ($2.5m) and Spencer Educational Foundation Inc ($2.5m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 3.5% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $1.5m against liabilities of $111k, net assets of $1.4m. It reported 35 employees.
Income and spending
Where the income comes from
- Contributions & grants 94%
- Program services 3.5%
- Other 2.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Young Visionaries Youth Leadership Academy | SN Bernrdno | $2.5m |
| Sicangu Owayawa Oti-Rosebud Dormitory | Mission | $2.5m |
| Spencer Educational Foundation Inc | New York | $2.5m |
| Midland Innovation & Technology Charter School | Midland | $2.5m |