Stamford Charter School for Excellence Inc

Analysis

Stamford Charter School for Excellence Inc is a registered charity in United States, based in Stamford, CT. It received its IRS tax-exemption ruling in December 2015, 11 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, Stamford Charter School for Excellence Inc reported income of $8.1m and spending of $7.0m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.0m to $8.1m (+103%), an average of +19% a year. The sharpest change came in the year to June 2020, when income rose by 46%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Stamford Charter School for Excellence Inc sits at the 92nd 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 93rd percentile within CT. Charities of a similar size with the same main cause include West Side Montessori ($8.1m), Hammond Urban Academy Inc ($8.1m) and The College of New Jersey Foundation Inc ($8.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $306k (4.4% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $14.0m against liabilities of $6.9m, net assets of $7.1m. It reported 58 employees.