Piedmont Community Charter School

Analysis

Piedmont Community Charter School is a registered charity in United States, based in Gastonia, NC. It received its IRS tax-exemption ruling in October 2000, 26 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 2023, Piedmont Community Charter School reported income of $19.1m and spending of $17.9m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.2m to $19.1m (+70%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 45%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Piedmont Community Charter School sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within NC. Charities of a similar size with the same main cause include Hellenic Classical Charter Schools ($19.1m), Metropolitan College of New York ($19.1m) and Mot Charter School Inc ($19.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 1.6% of the total. At year end it held assets of $39.9m against liabilities of $30.3m, net assets of $9.6m. It reported 294 employees.