Winterville Chater Academy Inc

Analysis

Winterville Chater Academy Inc is a registered charity in United States, based in Winterville, NC. It received its IRS tax-exemption ruling in February 2016, 10 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, Winterville Chater Academy Inc reported income of $6.5m and spending of $6.4m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.3m to $6.5m (+21%), an average of +5.0% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Winterville Chater Academy Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NC. Charities of a similar size with the same main cause include American Honda Education Corporation ($6.4m), Mission View Public Charter Inc ($6.5m) and Austin Coming Together ($6.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. Other salaries and wages came to $2.2m. At year end it held assets of $482k against liabilities of $338k, net assets of $143k.