United Charter High Schools

Analysis

United Charter High Schools is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2015, 11 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, United Charter High Schools reported income of $24.0m and spending of $24.4m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $23.1m to $24.0m (+3.7%), an average of +0.9% a year. The sharpest change came in the year to June 2020, when income rose by 20%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, United Charter High Schools sits at the 97th 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 96th percentile within NY. Charities of a similar size with the same main cause include University of West Florida Foundation Inc ($24.0m), Cambridge School of Weston Inc ($24.0m) and Hillbrook School ($24.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.7% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $825k (3.4% of expenses). Other salaries and wages came to $14.1m. At year end it held assets of $10.0m against liabilities of $1.4m, net assets of $8.6m. It reported 259 employees.