Evergreen Community Charter School

Analysis

Evergreen Community Charter School is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in March 2000, 26 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, Evergreen Community Charter School reported income of $5.6m and spending of $5.2m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.1m to $5.6m (+9.8%), an average of +2.4% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Evergreen Community 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 93rd percentile, and in the 94th percentile within NC. Charities of a similar size with the same main cause include Harvard Global Research and Support Services Inc ($5.6m), Athens Christian School Inc ($5.6m) and Charles School ($5.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $259k (4.9% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $5.9m against liabilities of $9.8m, net assets of -$3.9m. It reported 134 employees.