Back to Basics Charter School Foundation Inc

Analysis

Back to Basics Charter School Foundation Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in June 1998, 28 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 2024, Back to Basics Charter School Foundation Inc reported income of $5.3m and spending of $5.3m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $5.4m to $5.3m (-0.7%), an average of -0.2% a year. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Back to Basics Charter School Foundation 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 FL. Charities of a similar size with the same main cause include Sunshine Charter Academy of Broward Inc ($5.3m), Hillsborough Schools Foundation ($5.3m) and Keystone Education Center ($5.3m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 97% of the total. Other salaries and wages came to $3.5m. At year end it held assets of $1.6m against liabilities of $8,235, net assets of $1.6m. It reported 64 employees.