Teamcfa Community Public Charter

Analysis

Teamcfa Community Public Charter is a registered charity in United States, based in Stanley, NC. 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, Teamcfa Community Public Charter reported income of $6.1m and spending of $6.6m, spending 108% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.1m to $6.1m (+184%), an average of +42% a year. The sharpest change came in the year to June 2022, when income rose by 57%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Teamcfa Community Public Charter 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 93rd percentile, and in the 94th percentile within NC. Charities of a similar size with the same main cause include School of the Woods ($6.1m), Morrisville College Foundation Inc ($6.1m) and Columbus Torah School ($6.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.0% and program service revenue 94% of the total. Other salaries and wages came to $2.5m. At year end it held assets of $21.9m against liabilities of $21.6m, net assets of $259k. It reported 74 employees.