North Carolina Alliance for Public Charter Schools

Analysis

North Carolina Alliance for Public Charter Schools is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in April 1997, 29 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, North Carolina Alliance for Public Charter Schools reported income of $716k and spending of $588k, spending 82% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $319k to $716k (+124%), an average of +31% a year. The sharpest change came in the year to June 2022, when income rose by 58%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, North Carolina Alliance for Public Charter Schools sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within NC. Charities of a similar size with the same main cause include Arts Center Task Force ($716k), Alumni Theater Company ($716k) and North American Bison Discovery Center ($716k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $144k (25% of expenses). Other salaries and wages came to $86k. At year end it held assets of $478k against liabilities of $3,521, net assets of $474k. It reported 4 employees.