Hardy Williams Academy Charter School

Analysis

Hardy Williams Academy Charter School is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 2004, 22 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, Hardy Williams Academy Charter School reported income of $24.6m and spending of $22.6m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $20.0m to $24.6m (+23%), an average of +5.2% a year. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hardy Williams Academy Charter 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 97th percentile within PA. Charities of a similar size with the same main cause include Alaska Pacific University ($24.6m), International Masonry Training and Education Foundation ($24.6m) and Peak to Peak Charter Schools Inc ($24.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $461k (2.0% of expenses). Other salaries and wages came to $8.7m. At year end it held assets of $20.3m against liabilities of $10.3m, net assets of $10.0m. It reported 179 employees.