Great Bay Elearning Charter School

Analysis

Great Bay Elearning Charter School is a registered charity in United States, based in Exeter, NH. It received its IRS tax-exemption ruling in June 2012, 14 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, Great Bay Elearning Charter School reported income of $1.8m and spending of $2.0m, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.8m (+22%), an average of +5.1% a year. The sharpest change came in the year to June 2021, when income rose by 24%. 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, Great Bay Elearning Charter School sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NH. Charities of a similar size with the same main cause include Imagine Superstition Middle Inc ($1.7m), Bais Medrash Zichron Meir Inc ($1.8m) and Community Roots Foundation ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.6% and program service revenue 90% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $879k against liabilities of $1.8m, net assets of -$929k. It reported 29 employees.