Charter School Hope Comunity a NJ Non Profit Corporation

Analysis

Charter School Hope Comunity a NJ Non Profit Corporation is a registered charity in United States, based in Camden, NJ. It received its IRS tax-exemption ruling in June 2016, 10 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, Charter School Hope Comunity a NJ Non Profit Corporation reported income of $3.8m and spending of $3.8m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $3.8m (+30%), an average of +6.7% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Charter School Hope Comunity a NJ Non Profit Corporation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NJ. Charities of a similar size with the same main cause include Kappa Kappa Gamma Foundation ($3.8m), Unity Christian School Inc ($3.8m) and Healey Education Foundation Inc ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 2.6% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $2.1m against liabilities of $1.9m, net assets of $167k. It reported 46 employees.