Global Community Charter School

Analysis

Global Community Charter School is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 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, Global Community Charter School reported income of $16.2m and spending of $16.4m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.5m to $16.2m (+71%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Global Community Charter School 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 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Rabbi Harry H Epstein School Inc ($16.2m), Friendship Aspire Arkansas Inc ($16.2m) and Washington Episcopal Day School Inc ($16.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $423k (2.6% of expenses). Other salaries and wages came to $6.7m. At year end it held assets of $52.6m against liabilities of $48.6m, net assets of $4.0m. It reported 117 employees.