Access Bronx Charter School

Analysis

Access Bronx Charter School is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in June 2004, 22 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, Access Bronx Charter School reported income of $14.0m and spending of $13.2m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.1m to $14.0m (+73%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 26%. 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, Access Bronx Charter School sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include BDC a Public Charter School Inc ($14.0m), Alabama Educational Foundation and Indian Springs School a Corporatio ($14.0m) and Federal Student Scholarship Organization ($14.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $202k (1.5% of expenses). Other salaries and wages came to $6.6m. At year end it held assets of $18.6m against liabilities of $10.0m, net assets of $8.6m. It reported 109 employees.