Excel Academy Charter Schools

Analysis

Excel Academy Charter Schools is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in May 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, Excel Academy Charter Schools reported income of $20.9m and spending of $18.9m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.4m to $20.9m (+123%), an average of +22% a year. The sharpest change came in the year to June 2020, when income rose by 93%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Excel Academy Charter Schools sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Able Charter Schools ($20.9m), Harvest Power Community Development Group Inc ($21.0m) and Kennedy Childrens Center ($20.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $271k (1.4% of expenses). Other salaries and wages came to $9.6m. At year end it held assets of $10.0m against liabilities of $3.2m, net assets of $6.8m. It reported 144 employees.