Young Womens College Prep Charter School of Rochester
Analysis
Young Womens College Prep Charter School of Rochester is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in December 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, Young Womens College Prep Charter School of Rochester reported income of $6.4m and spending of $6.2m, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $6.0m to $6.4m (+5.5%), an average of +1.8% a year. Over the whole period it spent 97% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Young Womens College Prep Charter School of Rochester sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Institute of American Indian Arts Trust ($6.4m), Leech Lake Tribal College ($6.4m) and Citizens Leadership Academy ($6.4m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $231k (3.8% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $5.3m against liabilities of $2.9m, net assets of $2.5m. It reported 75 employees.
Income and spending
Where the income comes from
- Contributions & grants 17%
- Program services 82%
- Other 0.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Institute of American Indian Arts Trust | Santa Fe | $6.4m |
| Leech Lake Tribal College | Cass Lake | $6.4m |
| Citizens Leadership Academy | Cleveland | $6.4m |
| The Hope Academy | Providence | $6.4m |