University Charter School

Analysis

University Charter School is a registered charity in United States, based in Livingston, AL. It received its IRS tax-exemption ruling in September 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 September 2023, University Charter School reported income of $14.7m and spending of $12.4m, spending 85% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.7m to $14.7m (+293%), an average of +41% a year. The sharpest change came in the year to September 2023, when income rose by 59%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University Charter School sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 98th percentile within AL. Charities of a similar size with the same main cause include McGillis School ($14.7m), Norfolk Collegiate School ($14.7m) and Eastern Virginia Medical School Foundation ($14.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. Other salaries and wages came to $4.3m. At year end it held assets of $37.6m against liabilities of $35.1m, net assets of $2.5m. It reported 113 employees.