Niagara Charter School

Analysis

Niagara Charter School is a registered charity in United States, based in Niagara Falls, NY. It received its IRS tax-exemption ruling in March 2007, 19 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, Niagara Charter School reported income of $5.4m and spending of $5.4m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.0m to $5.4m (+9.2%), an average of +2.2% a year. 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, Niagara Charter School sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Maybeck High School Incorporated ($5.4m), Bryant Library ($5.4m) and North Star Academy ($5.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $280k (5.2% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $5.0m against liabilities of $2.3m, net assets of $2.7m. It reported 53 employees.