Chattanooga Charter School of Excellence Middle

Analysis

Chattanooga Charter School of Excellence Middle is a registered charity in United States, based in Chattanooga, TN. 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, Chattanooga Charter School of Excellence Middle reported income of $3.4m and spending of $2.9m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $3.4m (+48%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chattanooga Charter School of Excellence Middle sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within TN. Charities of a similar size with the same main cause include Millersville University Foundation ($3.4m), North Hudson Academy Inc ($3.4m) and Reading Assist Institute ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $4.2m against liabilities of $2.4m, net assets of $1.7m. It reported 18 employees.