A Plus Charter Schools

Analysis

A Plus Charter Schools is a registered charity in United States, based in Maricopa, AZ. It received its IRS tax-exemption ruling in November 2019, 7 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, A Plus Charter Schools reported income of $3.9m and spending of $3.5m, spending 91% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $361k to $3.9m (+967%), an average of +120% a year. The sharpest change came in the year to June 2021, when income rose by 449%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, A Plus Charter Schools sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within AZ. Charities of a similar size with the same main cause include Mill Valley Schools Community Foundation ($3.9m), Pennsylvania Steam Academy Charter School ($3.9m) and Breakthrough Charter School ($3.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $75k (2.1% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $9.0m against liabilities of $9.8m, net assets of -$761k. It reported 37 employees.