Bailey Charter Elementary School

Analysis

Bailey Charter Elementary School is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in April 2015, 11 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, Bailey Charter Elementary School reported income of $2.2m and spending of $2.4m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.5m to $2.2m (-10%), an average of -2.6% a year. The sharpest change came in the year to June 2023, when income dropped by 15%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bailey Charter Elementary School 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 89th percentile within NV. Charities of a similar size with the same main cause include Smart Start of Transylvania County ($2.2m), Chronic Liver Disease Foundation Inc ($2.2m) and Henderson County Alliance for Education ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $4.9m against liabilities of $3.5m, net assets of $1.5m.