Charleston Charter School for Math and Science

Analysis

Charleston Charter School for Math and Science is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in October 2009, 17 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, Charleston Charter School for Math and Science reported income of $9.9m and spending of $9.0m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.8m to $9.9m (+46%), an average of +9.9% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Charleston Charter School for Math and Science sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within SC. Charities of a similar size with the same main cause include Atlanta Law Center Inc ($9.9m), Health Sciences High School and Middle College ($9.9m) and Maine College of Health Professions ($9.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $126k (1.4% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $5.6m against liabilities of $1.7m, net assets of $3.9m. It reported 109 employees.