Link Community Charter School Inc

Analysis

Link Community Charter School Inc is a registered charity in United States, based in Newark, NJ. It received its IRS tax-exemption ruling in May 2017, 9 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, Link Community Charter School Inc reported income of $8.6m and spending of $8.8m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.4m to $8.6m (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Link Community Charter School Inc sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NJ. Charities of a similar size with the same main cause include American Academy of Optometry ($8.6m), Kaleidoscope Charter School ($8.6m) and Cuyahoga Community College Foundati ($8.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $553k (6.3% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $4.2m against liabilities of $4.9m, net assets of -$696k. It reported 64 employees.