Maya Angelou Public Charter School

Analysis

Maya Angelou Public Charter School is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 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, Maya Angelou Public Charter School reported income of $22.8m and spending of $19.3m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.6m to $22.8m (+81%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 40%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Maya Angelou 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 94th percentile within DC. Charities of a similar size with the same main cause include Randolph School ($22.8m), Schools in Action ($22.8m) and University of Chicago Charter School Corporation ($22.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $717k (3.7% of expenses). Other salaries and wages came to $9.5m. It paid $47k in professional fundraising fees. At year end it held assets of $28.5m against liabilities of $8.8m, net assets of $19.7m. It reported 177 employees.