Edison Bethune Charter Academy

Analysis

Edison Bethune Charter Academy is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in July 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, Edison Bethune Charter Academy reported income of $10.5m and spending of $7.0m, leaving 34% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.7m to $10.5m (+57%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 40%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Edison Bethune Charter Academy 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 96th percentile within CA. Charities of a similar size with the same main cause include North Carolina Leadership Charter Academy Incorporated ($10.5m), Lakehill Preparatory School ($10.5m) and Trinity Academy Incorporated ($10.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $145k (2.1% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $13.6m against liabilities of $1.2m, net assets of $12.4m. It reported 83 employees.