Viera Charter Schools Inc

Analysis

Viera Charter Schools Inc is a registered charity in United States, based in Coral Springs, FL. 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 2024, Viera Charter Schools Inc reported income of $19.0m and spending of $16.9m, spending 89% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $8.5m to $19.0m (+123%), an average of +22% a year. The sharpest change came in the year to June 2021, when income rose by 38%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Viera Charter Schools Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include New Mexico State University Foundation Inc ($19.0m), New Day Schools Inc ($19.0m) and Hallmark University Inc ($19.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 78% and program service revenue 2.9% of the total. At year end it held assets of $37.6m against liabilities of $34.0m, net assets of $3.6m. It reported 220 employees.