Chester Charter Scholars Academy

Analysis

Chester Charter Scholars Academy is a registered charity in United States, based in Chester, PA. It received its IRS tax-exemption ruling in September 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, Chester Charter Scholars Academy reported income of $14.3m and spending of $13.2m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.6m to $14.3m (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2021, when income rose by 19%. 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, Chester Charter Scholars Academy 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 95th percentile within PA. Charities of a similar size with the same main cause include Imagine School at North Port Inc ($14.3m), Fort Smith Public Library ($14.3m) and Southwest Winners Foundation Inc ($14.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $160k (1.2% of expenses). Other salaries and wages came to $4.8m. At year end it held assets of $42.2m against liabilities of $30.9m, net assets of $11.3m. It reported 123 employees.