Aplus Charter Schools Inc

Analysis

Aplus Charter Schools Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in June 1999, 27 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 August 2023, Aplus Charter Schools Inc reported income of $41.9m and spending of $41.5m, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $31.1m to $41.9m (+35%), an average of +7.7% a year. The sharpest change came in the year to August 2022, when income rose by 25%. 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, Aplus Charter Schools Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Early Learning Coalition of Northwest Florida Inc ($41.8m), Trinity Christian College Association ($41.9m) and Distinctive Schools of Illinois ($41.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $434k (1.0% of expenses). Other salaries and wages came to $23.7m. At year end it held assets of $65.6m against liabilities of $40.3m, net assets of $25.3m. It reported 690 employees.