Miles Ahead Charter School

Analysis

Miles Ahead Charter School is a registered charity in United States, based in Powder Springs, GA. It received its IRS tax-exemption ruling in August 2020, 6 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 2024, Miles Ahead Charter School reported income of $4.4m and spending of $4.0m, spending 90% of its income. Across the 2 years on record, from December 2022 to June 2024, income grew from $404k to $4.4m (+993%), an average of +993% a year. The sharpest change came in the year to June 2024, when income rose by 993%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Miles Ahead Charter School sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within GA. Charities of a similar size with the same main cause include Mosdos Yaakov Vyisroel Inc ($4.4m), Education Pioneers Inc ($4.4m) and Birthing Beautiful Communities ($4.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 49% and program service revenue 51% of the total. At year end it held assets of $2.6m against liabilities of $2.2m, net assets of $383k. It reported 25 employees.