Lake Eola Charter School Inc

Analysis

Lake Eola Charter School Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in November 1999, 27 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, Lake Eola Charter School Inc reported income of $1.9m and spending of $1.9m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $1.9m (+11%), an average of +2.7% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lake Eola Charter School Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Caroline & Joseph S Gruss Life Monument Funds Inc ($1.9m), Oak Hill Charter School ($1.9m) and Kings Academy Christian School ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.7% and program service revenue 98% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $797k against liabilities of $83k, net assets of $714k. It reported 20 employees.