Diverse Charter Schools Coalition Inc

Analysis

Diverse Charter Schools Coalition Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Diverse Charter Schools Coalition Inc reported income of $1.1m and spending of $1.1m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.4m to $1.1m (-22%), an average of -5.9% a year. The sharpest change came in the year to June 2022, when income dropped by 16%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Diverse Charter Schools Coalition Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Chor ($1.1m), Second Wind Fund Inc ($1.1m) and Dost Education ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $191k (17% of expenses). Other salaries and wages came to $375k. It paid $15k in professional fundraising fees. At year end it held assets of $641k against liabilities of $326k, net assets of $315k. It reported 4 employees.