Tech Freire Charter School

Analysis

Tech Freire Charter School is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in March 2016, 10 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, Tech Freire Charter School reported income of $9.8m and spending of $10.0m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.4m to $9.8m (+32%), an average of +7.2% a year. 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, Tech Freire Charter School sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Presbyterian Christian School ($9.8m), University of Southern Indiana Foundation Inc ($9.8m) and Mid-Columbia Childrens Council Inc ($9.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $277k (2.8% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $18.1m against liabilities of $14.6m, net assets of $3.4m. It reported 102 employees.