Chattanooga Charter School of Excellence High

Analysis

Chattanooga Charter School of Excellence High is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in July 2021, 5 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, Chattanooga Charter School of Excellence High reported income of $624k and spending of $1.5m, spending 233% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $818k to $624k (-24%), an average of -24% a year. The sharpest change came in the year to June 2023, when income dropped by 24%. Over the whole period it spent 122% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chattanooga Charter School of Excellence High sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within TN. Charities of a similar size with the same main cause include New Dominion Christian Academy Inc ($624k), Utah Kids Foundation ($624k) and Communities in Schools of Wayne County Inc ($624k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $439k. At year end it held assets of $5.9m against liabilities of $6.3m, net assets of -$325k. It reported 15 employees.