American Dream Charter School

Analysis

American Dream Charter School is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in December 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 2023, American Dream Charter School reported income of $16.6m and spending of $15.8m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.5m to $16.6m (+95%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 31%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Dream Charter School sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include University School of Jackson ($16.6m), The American College of the Mediterranean ($16.6m) and Academy of the City Charter School ($16.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $240k (1.5% of expenses). Other salaries and wages came to $8.7m. At year end it held assets of $40.5m against liabilities of $33.5m, net assets of $7.0m. It reported 129 employees.