Elsie Whitlow Stokes Community Freedom Public Charter School

Analysis

Elsie Whitlow Stokes Community Freedom Public Charter School is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 1999, 27 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, Elsie Whitlow Stokes Community Freedom Public Charter School reported income of $17.1m and spending of $16.8m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $12.2m to $17.1m (+40%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Elsie Whitlow Stokes Community Freedom Public Charter School 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 92nd percentile within DC. Charities of a similar size with the same main cause include Harbor Springs Charter School ($17.0m), Hillcrest Christian School ($17.1m) and Achievement First Hartford Academy Inc ($17.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $504k (3.0% of expenses). Other salaries and wages came to $8.9m. At year end it held assets of $12.4m against liabilities of $6.9m, net assets of $5.5m. It reported 231 employees.