Neuse Charter School of Johnston County

Analysis

Neuse Charter School of Johnston County is a registered charity in United States, based in Rutherfordton, NC. It received its IRS tax-exemption ruling in November 2008, 18 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, Neuse Charter School of Johnston County reported income of $8.9m and spending of $7.0m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.0m to $8.9m (+11%), an average of +2.7% a year. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Neuse Charter School of Johnston County sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NC. Charities of a similar size with the same main cause include Vincennes University Foundation Inc ($8.9m), California Indian Nations College Corporation ($8.9m) and Meridian Education Resource Group Inc ($8.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. Other salaries and wages came to $4.1m. At year end it held assets of $13.2m against liabilities of $19.4m, net assets of -$6.3m. It reported 130 employees.