Bronx Arts and Science Charter School

Analysis

Bronx Arts and Science Charter School is a registered charity in United States, based in Fair Lawn, NJ. It received its IRS tax-exemption ruling in February 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 2024, Bronx Arts and Science Charter School reported income of $10.9m and spending of $10.4m, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.4m to $10.9m (+148%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 49%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bronx Arts and Science Charter School sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NJ. Charities of a similar size with the same main cause include East Side Charter School of Wilmington Inc ($10.9m), Southwest Christian High School Inc ($10.9m) and Southeast Missouri University ($10.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $120k (1.2% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $5.0m against liabilities of $422k, net assets of $4.6m. It reported 52 employees.