Aeci II NYC Charter High School for Computer Engineering and Innovat

Analysis

Aeci II NYC Charter High School for Computer Engineering and Innovat is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in September 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, Aeci II NYC Charter High School for Computer Engineering and Innovat reported income of $21.1m and spending of $20.8m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $388k to $21.1m (+5350%), an average of +172% a year. The sharpest change came in the year to June 2020, when income rose by 713%. 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, Aeci II NYC Charter High School for Computer Engineering and Innovat sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Burr & Burton Academy ($21.1m), Americans for Ben-Gurion University Inc ($21.1m) and Graceland College Center for Prof Dev & Lifelong Learning Inc ($21.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $667k (3.2% of expenses). Other salaries and wages came to $10.5m. At year end it held assets of $10.3m against liabilities of $3.6m, net assets of $6.7m. It reported 142 employees.