Nyos Charter School Inc

Analysis

Nyos Charter School Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in February 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, Nyos Charter School Inc reported income of $18.0m and spending of $18.9m, spending 105% of what it took in. Across the 5 years on record, from December 2018 to June 2023, income grew from $9.6m to $18.0m (+87%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nyos Charter School Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Sterling Education Inc ($17.9m), Summit Academy Oic ($18.0m) and Delaware County Christian School Society ($17.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 3.2% of the total. Compensation of current officers, directors and key employees was $507k (2.7% of expenses). Other salaries and wages came to $10.4m. At year end it held assets of $38.4m against liabilities of $31.6m, net assets of $6.8m. It reported 355 employees.