Charter System Foundation Inc

Analysis

Charter System Foundation Inc is a registered charity in United States, based in Woodstock, GA. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Charter System Foundation Inc reported income of $512k and spending of $722k, spending 141% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $477k to $512k (+7.3%), an average of +1.8% a year. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Charter System Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 74th percentile within GA. Charities of a similar size with the same main cause include Downingtown Library Company ($512k), California Coalition of Early & Middle Colleges ($513k) and Suginoko Preschool ($512k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $178k (25% of expenses). Other salaries and wages came to $66k. At year end it held assets of $478k against liabilities of $24k, net assets of $454k. It reported 2 employees.