Arapohoe Charter School

Analysis

Arapohoe Charter School is a registered charity in United States, based in Arapahoe, NC. It received its IRS tax-exemption ruling in May 1997, 29 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, Arapohoe Charter School reported income of $8.4m and spending of $7.3m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.2m to $8.4m (+18%), an average of +4.1% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arapohoe Charter School sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NC. Charities of a similar size with the same main cause include Hennepin Schools ($8.4m), Brookline Infant Toddler Center Inc ($8.4m) and Gate City Charter Academy Inc ($8.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. Other salaries and wages came to $4.7m. At year end it held assets of $13.6m against liabilities of $16.5m, net assets of -$2.9m. It reported 123 employees.