Friends of the Charter High School for Law and Social Justice Inc

Analysis

Friends of the Charter High School for Law and Social Justice Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in February 2019, 7 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Friends of the Charter High School for Law and Social Justice Inc reported income of $2.2m and spending of $2.3m, spending 104% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $395k to $2.2m (+467%), an average of +78% a year. The sharpest change came in the year to June 2022, when income rose by 286%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of the Charter High School for Law and Social Justice Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include DBH Management Inc ($2.2m), Vineyard Village Inc ($2.2m) and Florida Keys Outreach Coalition Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. At year end it held assets of $18.0m against liabilities of $17.4m, net assets of $587k.