Resilience Charter School Inc

Analysis

Resilience Charter School Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in March 2016, 10 years ago. 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, Resilience Charter School Inc reported income of $1.1m and spending of $1.2m, spending 112% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $773k to $1.1m (+43%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 35%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Resilience Charter School Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include Association of School Business Officials International ($1.1m), Evergreen Manor Foundation Inc ($1.1m) and Santa Clara Foster & Adoptive Parents Association ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $59k (4.8% of expenses). Other salaries and wages came to $686k. At year end it held assets of $484k against liabilities of $241k, net assets of $243k. It reported 19 employees.