Emerald Charter Schools

Analysis

Emerald Charter Schools is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in August 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, Emerald Charter Schools reported income of $6.6m and spending of $6.2m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.1m to $6.6m (+28%), an average of +6.4% a year. The sharpest change came in the year to June 2021, when income rose by 25%. 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, Emerald Charter Schools 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 TN. Charities of a similar size with the same main cause include Richard Allen Preparatory Inc ($6.6m), Desert Sands United School District School Building Corporation ($6.6m) and Keres Childrens Learning Center ($6.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $3.6m. At year end it held assets of $7.3m against liabilities of $4.4m, net assets of $2.9m. It reported 133 employees.