Odyssey Charter School Inc

Analysis

Odyssey Charter School Inc is a registered charity in United States, based in Palm Bay, FL. It received its IRS tax-exemption ruling in May 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 June 2024, Odyssey Charter School Inc reported income of $34.1m and spending of $29.8m, spending 88% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $17.3m to $34.1m (+97%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Odyssey Charter School Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Early Learning Coalition of Indian River Martin & Okeechobee Counties ($34.1m), Bethany College ($34.1m) and St Lukes Foundation Inc ($34.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% and program service revenue 6.1% of the total. Other salaries and wages came to $15.1m. At year end it held assets of $43.0m against liabilities of $27.5m, net assets of $15.5m. It reported 335 employees.