Benjamin Franklin Charter School - Queen Creek

Analysis

Benjamin Franklin Charter School - Queen Creek is a registered charity in United States, based in Gilbert, AZ. It received its IRS tax-exemption ruling in August 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, Benjamin Franklin Charter School - Queen Creek reported income of $31.0m and spending of $29.0m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.5m to $31.0m (+148%), an average of +26% a year. The sharpest change came in the year to June 2020, when income rose by 88%. 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, Benjamin Franklin Charter School - Queen Creek sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within AZ. Charities of a similar size with the same main cause include Mariana Bracetti Academy Charter School ($31.0m), Transcend Inc ($31.0m) and Wku Student Life Foundation Inc ($31.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $446k (1.5% of expenses). Other salaries and wages came to $14.3m. At year end it held assets of $90.5m against liabilities of $85.3m, net assets of $5.2m. It reported 466 employees.