Insight Pa Cyber Charter School

Analysis

Insight Pa Cyber Charter School is a registered charity in United States, based in Exton, PA. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Insight Pa Cyber Charter School reported income of $81.0m and spending of $70.5m, spending 87% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $30.8m to $81.0m (+163%), an average of +38% a year. The sharpest change came in the year to June 2021, when income rose by 123%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Insight Pa Cyber Charter School sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within PA. Charities of a similar size with the same main cause include Aztec Shops Ltd ($80.8m), Texas a & M Research Foundation ($81.1m) and Mount Saint Mary College ($80.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $322k (0.5% of expenses). Other salaries and wages came to $29.1m. At year end it held assets of $60.6m against liabilities of $15.5m, net assets of $45.1m. It reported 539 employees.