Maureen Joy Charter School

Analysis

Maureen Joy Charter School is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in June 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, Maureen Joy Charter School reported income of $9.6m and spending of $10.0m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.3m to $9.6m (+31%), an average of +7.0% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Maureen Joy 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 NC. Charities of a similar size with the same main cause include Green River Regional Education Cooperative Inc ($9.6m), Innovative Arts Academy Charter School Incorporated ($9.6m) and Village Charter School ($9.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Other salaries and wages came to $5.7m. At year end it held assets of $9.2m against liabilities of $6.1m, net assets of $3.1m. It reported 150 employees.