Aurora Academy Charter School

Analysis

Aurora Academy Charter School is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in September 2000, 26 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, Aurora Academy Charter School reported income of $8.1m and spending of $7.8m, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $6.7m to $8.1m (+22%), an average of +6.8% a year. 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, Aurora Academy Charter School sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CO. Charities of a similar size with the same main cause include Propel Charter School-Hazelwood ($8.1m), Larkin University Corp ($8.1m) and Hadley Institute for the Blind and Visually Impaired ($8.1m).

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 $136k (1.7% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $5.9m against liabilities of $10.6m, net assets of -$4.8m. It reported 92 employees.