Urban Assembly Charter School for Computer Science

Analysis

Urban Assembly Charter School for Computer Science is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in December 2016, 10 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 2024, Urban Assembly Charter School for Computer Science reported income of $11.6m and spending of $11.8m, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.9m to $11.6m (+303%), an average of +32% a year. The sharpest change came in the year to June 2020, when income rose by 77%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Urban Assembly Charter School for Computer Science sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Louisiana Key Academy ($11.6m), Classical Preparatory ($11.6m) and Manchester Academic Charter School ($11.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $773k (6.5% of expenses). Other salaries and wages came to $6.8m. At year end it held assets of $1.9m against liabilities of $1.4m, net assets of $496k. It reported 90 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.