Bear Grass Charter School Inc

Analysis

Bear Grass Charter School Inc is a registered charity in United States, based in Rutherfordton, NC. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Bear Grass Charter School Inc reported income of $5.4m and spending of $5.3m, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $4.2m to $5.4m (+27%), an average of +5.0% a year. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bear Grass Charter School Inc 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 93rd percentile within NC. Charities of a similar size with the same main cause include Buffalo Seminary ($5.4m), Kingston Hill Academy ($5.4m) and Bowles Hall Foundation ($5.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Other salaries and wages came to $2.8m. At year end it held assets of $3.0m against liabilities of $42k, net assets of $2.9m.