Kreiva Academy Public Charter School

Analysis

Kreiva Academy Public Charter School is a registered charity in United States, based in Manchester, NH. It received its IRS tax-exemption ruling in May 2020, 6 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, Kreiva Academy Public Charter School reported income of $2.3m and spending of $2.3m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $2.3m (+62%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 27%. 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, Kreiva Academy Public Charter School sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within NH. Charities of a similar size with the same main cause include Surry Community College Foundation ($2.3m), Lutheran High Northeast ($2.3m) and Association of Va Hematology Oncology Inc ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 5.7% of the total. Compensation of current officers, directors and key employees was $102k (4.5% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.3m against liabilities of $1.5m, net assets of $725k. It reported 37 employees.