Universal Alcorn Charter School Inc

Analysis

Universal Alcorn Charter School Inc is a registered charity in United States, based in Philadelphia, 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, Universal Alcorn Charter School Inc reported income of $9.9m and spending of $9.9m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.9m to $9.9m (+25%), an average of +5.8% a year. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Universal Alcorn Charter School Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Tower School in Marblehead Inc ($9.9m), Aspire Charter Academy Inc ($9.9m) and Ada Christian School Society ($9.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 66% of the total. Other salaries and wages came to $4.8m. At year end it held assets of $5.1m against liabilities of $5.5m, net assets of -$432k. It reported 103 employees.