James Island Charter High School

Analysis

James Island Charter High School is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in April 2005, 21 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, James Island Charter High School reported income of $26.7m and spending of $25.8m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $18.0m to $26.7m (+48%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, James Island Charter High School sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within SC. Charities of a similar size with the same main cause include Unbounded Learning Inc ($26.6m), University of Rio Grande ($26.7m) and Agnes Irwin School ($26.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.8% of the total. Other salaries and wages came to $12.0m. At year end it held assets of $19.3m against liabilities of $4.7m, net assets of $14.5m. It reported 177 employees.