The Villages Charter School Inc

Analysis

The Villages Charter School Inc is a registered charity in United States, based in Middleton, FL. It received its IRS tax-exemption ruling in February 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Villages Charter School Inc reported income of $292.9m and spending of $65.4m, leaving 78% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $14.7m to $292.9m (+1898%), an average of +347% a year. The sharpest change came in the year to June 2023, when income rose by 590%. Over the whole period it spent 35% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Villages Charter School Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within FL. Charities of a similar size with the same main cause include Merrimack College ($291.2m), Texas A&m Foundation ($293.3m) and Butler University ($290.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 9.9% of the total. Compensation of current officers, directors and key employees was $212k (0.3% of expenses). Other salaries and wages came to $21.9m. At year end it held assets of $234.6m against liabilities of $3.4m, net assets of $231.1m. It reported 732 employees.