Village Charter School

Analysis

Village Charter School is a registered charity in United States, based in Ewing, NJ. It received its IRS tax-exemption ruling in June 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, Village Charter School reported income of $9.6m and spending of $7.6m, leaving 20% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.8m to $9.6m (+40%), an average of +8.8% a year. The sharpest change came in the year to June 2022, when income rose by 22%. 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, Village 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 96th percentile within NJ. Charities of a similar size with the same main cause include Trinity Christian Academy Incorporated ($9.6m), Green River Regional Education Cooperative Inc ($9.6m) and Charlotte Preparatory School Inc ($9.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 102% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $293k (3.8% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $10.4m against liabilities of $4.5m, net assets of $5.9m. It reported 66 employees.