Artesian Community School

Analysis

Artesian Community School is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in June 2014, 12 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 2020, Artesian Community School reported income of $1.3m and spending of $1.8m, spending 131% of what it took in. Across the 2 years on record, from June 2019 to June 2020, income fell from $2.7m to $1.3m (-49%), an average of -49% a year. The sharpest change came in the year to June 2020, when income dropped by 49%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Artesian Community School sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within TN. Charities of a similar size with the same main cause include National Psychology Training Consortium ($1.3m), Lead Liberated ($1.3m) and North Carolina Alliance for School Leadership Development ($1.3m).

On its Form 990 for the period ending June 2020, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $127k (7.2% of expenses). Other salaries and wages came to $824k. At year end it held assets of $727k against liabilities of $190k, net assets of $538k. It reported 55 employees.