Calvin Nelms Charter High School
Analysis
Calvin Nelms Charter High School is a registered charity in United States, based in Katy, TX. It received its IRS tax-exemption ruling in August 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, Calvin Nelms Charter High School reported income of $3.6m and spending of $3.3m, spending 91% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $3.1m to $3.6m (+15%), an average of +3.6% a year. Over the whole period it spent 86% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Calvin Nelms Charter High School sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include University of Missouri Alumni Assn ($3.6m), The Mesivta High School of Great Philadelphia ($3.6m) and Marshall County Educational Foundation Inc ($3.6m).
On its Form 990 for the period ending August 2023, revenue came from contributions and grants 7.5% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $235k (7.2% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $5.7m against liabilities of $496k, net assets of $5.2m. It reported 37 employees.
Income and spending
Where the income comes from
- Contributions & grants 7.5%
- Program services 92%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| University of Missouri Alumni Assn | Columbia | $3.6m |
| The Mesivta High School of Great Philadelphia | Bala Cynwyd | $3.6m |
| Marshall County Educational Foundation Inc | Holly Springs | $3.6m |
| Albrook School | Basking Ridge | $3.6m |