Charter School of Educational Excellence

Analysis

Charter School of Educational Excellence is a registered charity in United States, based in Yonkers, NY. It received its IRS tax-exemption ruling in April 2006, 20 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, Charter School of Educational Excellence reported income of $23.2m and spending of $24.9m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.6m to $23.2m (+70%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Charter School of Educational Excellence 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 96th percentile within NY. Charities of a similar size with the same main cause include Valley Forge Military Academy Foundation ($23.2m), Paul Public Charter School ($23.2m) and Community Partnership for Child Development ($23.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 86% of the total. Other salaries and wages came to $9.3m. At year end it held assets of $88.6m against liabilities of $81.5m, net assets of $7.2m. It reported 134 employees.