The Maxine Giardina Charter School Inc

Analysis

The Maxine Giardina Charter School Inc is a registered charity in United States, based in Thibodaux, LA. It received its IRS tax-exemption ruling in December 2007, 19 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, The Maxine Giardina Charter School Inc reported income of $1.8m and spending of $1.7m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $1.8m (+22%), an average of +5.0% a year. The sharpest change came in the year to June 2023, when income rose by 15%. 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, The Maxine Giardina Charter School Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within LA. Charities of a similar size with the same main cause include Saints Academy Inc ($1.8m), West Columbus Drop Back in ($1.8m) and North Central Texas College Foundation Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $122k (7.3% of expenses). Other salaries and wages came to $821k. At year end it held assets of $1.0m against liabilities of $253k, net assets of $768k. It reported 40 employees.