Exploration Elementary Charter School for Science and Technology

Analysis

Exploration Elementary Charter School for Science and Technology is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in March 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, Exploration Elementary Charter School for Science and Technology reported income of $7.9m and spending of $6.4m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $7.9m (+178%), an average of +29% a year. The sharpest change came in the year to June 2020, when income rose by 47%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Exploration Elementary Charter School for Science and Technology sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Communities in Schools of Greater Tarrant County Inc ($7.9m), The or Foundation Ltd ($7.9m) and Parish Childrens School ($7.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $143k (2.2% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $5.4m against liabilities of $1.2m, net assets of $4.2m. It reported 63 employees.