Olney Charter High School an Aspira Inc of Pennsylvania School

Analysis

Olney Charter High School an Aspira Inc of Pennsylvania School is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in September 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, Olney Charter High School an Aspira Inc of Pennsylvania School reported income of $98k and spending of $1.2m, spending 1197% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $31.9m to $98k (-100%), an average of -76% a year. The sharpest change came in the year to June 2023, when income dropped by 100%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Olney Charter High School an Aspira Inc of Pennsylvania School sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within PA. Charities of a similar size with the same main cause include Greg Richards Larry Polatsch and Scott Weingard Memorial Fund Inc ($98k), Lake Pend Oreille Idaho Club ($98k) and Kingsville Isd Education Foundation ($98k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% of the total. Compensation of current officers, directors and key employees was $163k (14% of expenses). At year end it held assets of $7.4m against liabilities of $1.9m, net assets of $5.5m. It reported 140 employees.