Cheyenne Mountain Charter Academy

Analysis

Cheyenne Mountain Charter Academy is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in March 1997, 29 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, Cheyenne Mountain Charter Academy reported income of $18.3m and spending of $16.8m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.0m to $18.3m (+40%), an average of +8.8% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cheyenne Mountain Charter Academy 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 98th percentile within CO. Charities of a similar size with the same main cause include International School Yangon Association ($18.2m), Institute for Human & Social Development Inc ($18.3m) and St Johns Community Services - District of Columbia ($18.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.9% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $337k (2.0% of expenses). Other salaries and wages came to $8.6m. At year end it held assets of $10.6m against liabilities of $1.3m, net assets of $9.3m. It reported 328 employees.