Urban Dove Team Charter School IV

Analysis

Urban Dove Team Charter School IV is a registered charity in United States, based in Long Is City, NY. It received its IRS tax-exemption ruling in April 2013, 13 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, Urban Dove Team Charter School IV reported income of $4.5m and spending of $4.6m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.4m to $4.5m (+1.0%), an average of +0.2% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Urban Dove Team Charter School IV sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Presencing Institute ($4.5m), Colegio Puertorriqueno de Ninas ($4.5m) and Brenda and John H Duncan Rise School of Houston ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $341k (7.5% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $724k against liabilities of $703k, net assets of $21k. It reported 40 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.