Friends of Elm Community Charter School Inc

Analysis

Friends of Elm Community Charter School Inc is a registered charity in United States, based in Glendale, NY. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Friends of Elm Community Charter School Inc reported income of $2.1m and spending of $2.3m, spending 112% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $1.2m to $2.1m (+74%), an average of +74% a year. The sharpest change came in the year to June 2023, when income rose by 74%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Elm Community Charter School Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Big Minds Incorporated ($2.1m), Richmond Hebrew Day School ($2.1m) and Traverse Des Sioux Library System ($2.1m).

At year end it held assets of $133k against liabilities of $0, net assets of $133k.