Clear Dot Charter School Columbia

Analysis

Clear Dot Charter School Columbia is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in December 2018, 8 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, Clear Dot Charter School Columbia reported income of $5.4m and spending of $5.4m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $610k to $5.4m (+794%), an average of +73% a year. The sharpest change came in the year to June 2020, when income rose by 283%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Clear Dot Charter School Columbia sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 95th percentile within SC. Charities of a similar size with the same main cause include Alcorn State University Foundation Incorporated ($5.4m), Ie New York College ($5.4m) and Pinewood Christian Academy Inc ($5.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.4% of the total. Other salaries and wages came to $2.8m. At year end it held assets of $1.9m against liabilities of $1.3m, net assets of $637k. It reported 93 employees.