College Achieve Public Charter Schools Inc

Analysis

College Achieve Public Charter Schools Inc is a registered charity in United States, based in Tinton Falls, NJ. It received its IRS tax-exemption ruling in August 2014, 12 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, College Achieve Public Charter Schools Inc reported income of $15.0m and spending of $14.9m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.4m to $15.0m (+175%), an average of +29% a year. The sharpest change came in the year to June 2020, when income rose by 55%. 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, College Achieve Public Charter Schools 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 97th percentile within NJ. Charities of a similar size with the same main cause include Edsys Inc ($15.0m), Fiafw Inc ($15.0m) and Deutscher Schulverein Washington D C ($15.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 99% of the total. Other salaries and wages came to $2.8m. At year end it held assets of $52.6m against liabilities of $49.3m, net assets of $3.3m. It reported 12 employees.