Champion Schools Inc
Analysis
Champion Schools Inc is a registered charity in United States, based in Longwood, FL. It received its IRS tax-exemption ruling in July 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 May 2024, Champion Schools Inc reported income of $2.2m and spending of $1.9m, spending 88% of its income. Across the 6 years on record, from May 2019 to May 2024, income grew from $1.3m to $2.2m (+73%), an average of +12% a year. The sharpest change came in the year to May 2023, when income rose by 25%. Over the whole period it spent 90% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Champion Schools Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Out in Tech Inc ($2.2m), Nu Art Education Inc ($2.2m) and City Club of Cleveland ($2.2m).
On its Form 990 for the period ending May 2024, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $166k (8.7% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.5m against liabilities of $15k, net assets of $1.5m. It reported 42 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.1%
- Program services 99%
- Other 0.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Out in Tech Inc | New York | $2.2m |
| Nu Art Education Inc | Rncho Cordova | $2.2m |
| City Club of Cleveland | Cleveland | $2.2m |
| Public Library of Cincinnati and Hamilton County Foundation | Cincinnati | $2.2m |