Downsville Community Charter Inc

Analysis

Downsville Community Charter Inc is a registered charity in United States, based in Downsville, LA. It received its IRS tax-exemption ruling in June 2017, 9 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, Downsville Community Charter Inc reported income of $6.4m and spending of $5.4m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.1m to $6.4m (+57%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Downsville Community Charter Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within LA. Charities of a similar size with the same main cause include The Hope Academy ($6.4m), Grace Christian Academy ($6.4m) and Leech Lake Tribal College ($6.4m).

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. Other salaries and wages came to $2.8m. At year end it held assets of $16.3m against liabilities of $12.7m, net assets of $3.6m. It reported 65 employees.