DC Scholars Public Charter School Inc

Analysis

DC Scholars Public Charter School Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 2014, 12 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, DC Scholars Public Charter School Inc reported income of $14.8m and spending of $12.2m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.6m to $14.8m (+18%), an average of +4.1% a year. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, DC Scholars Public Charter School Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 91st percentile within DC. Charities of a similar size with the same main cause include Summit Early Learning Inc ($14.8m), Constellation Schools Parma Community Elementary ($14.8m) and Whitney Academy Inc ($14.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $345k (2.8% of expenses). Other salaries and wages came to $6.3m. At year end it held assets of $22.2m against liabilities of $8.8m, net assets of $13.3m. It reported 170 employees.