Academy of Health Sciences Charter School

Analysis

Academy of Health Sciences Charter School is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in June 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, Academy of Health Sciences Charter School reported income of $5.2m and spending of $4.6m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $110k to $5.2m (+4654%), an average of +163% a year. The sharpest change came in the year to June 2020, when income rose by 1810%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Academy of Health Sciences Charter School sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Rogers Memorial Library Co ($5.2m), Eleanor Roosevelt Community Learning Center ($5.2m) and West Ridge Academy Charter School ($5.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $180k (3.9% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $25.1m against liabilities of $21.5m, net assets of $3.7m. It reported 130 employees.