United Charter High School for Advanced Math and Science II

Analysis

United Charter High School for Advanced Math and Science II is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in April 2013, 13 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, United Charter High School for Advanced Math and Science II reported income of $11.8m and spending of $12.7m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.9m to $11.8m (+19%), an average of +4.5% a year. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, United Charter High School for Advanced Math and Science II sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Elevate Academy ($11.8m), West Chester University Foundation ($11.8m) and Veritas Community Services Inc ($11.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $405k (3.2% of expenses). Other salaries and wages came to $7.0m. At year end it held assets of $11.8m against liabilities of $975k, net assets of $10.8m. It reported 98 employees.