Aibt Nonprofit Charter High School Inc

Analysis

Aibt Nonprofit Charter High School Inc is a registered charity in United States, based in Phoenix, AZ. 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 2024, Aibt Nonprofit Charter High School Inc reported income of $2.3m and spending of $884k, leaving 61% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.3m to $2.3m (+77%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 49% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aibt Nonprofit Charter High School Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within AZ. Charities of a similar size with the same main cause include Imago Dei Middle School ($2.3m), Southern Nazarene University Foundation ($2.3m) and Regina Angelorum Academy ($2.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 80% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $212k (24% of expenses). Other salaries and wages came to $237k. At year end it held assets of $10.8m against liabilities of $106k, net assets of $10.7m. It reported 15 employees.