Twenty First Century Charter Schools Inc

Analysis

Twenty First Century Charter Schools Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in August 1995, 31 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 2022, Twenty First Century Charter Schools Inc reported income of $1.9m and spending of $2.0m, spending 105% of what it took in. Across the 4 years on record, from June 2019 to June 2022, income fell from $1.9m to $1.9m (-1.3%), an average of -0.4% a year. The sharpest change came in the year to June 2020, when income rose by 27%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Twenty First Century Charter Schools 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 AZ. Charities of a similar size with the same main cause include Flagstaff Montessori ($1.9m), The Clayton Christensen Institute for Disruptive Innovation ($1.9m) and National Association of Basketball Coaches Foundation Inc ($1.9m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $60k (3.0% of expenses). Other salaries and wages came to $981k. At year end it held assets of $2.4m against liabilities of $1.5m, net assets of $941k. It reported 34 employees.