Edventure Charter School Inc

Analysis

Edventure Charter School Inc is a registered charity in United States, based in Lantana, 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 2023, Edventure Charter School Inc reported income of $1.8m and spending of $1.9m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $1.8m (+18%), an average of +4.2% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Edventure Charter School Inc 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 FL. Charities of a similar size with the same main cause include Montessori School of Wooster Inc ($1.8m), Jackson Academy Inc ($1.8m) and Trinity Christian School of Montville Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $147k (7.6% of expenses). Other salaries and wages came to $848k. At year end it held assets of $3.0m against liabilities of $2.0m, net assets of $1.0m. It reported 20 employees.