South Shore Charter School

Analysis

South Shore Charter School is a registered charity in United States, based in Central Islip, NY. It received its IRS tax-exemption ruling in March 2022, 4 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, South Shore Charter School reported income of $1.0m and spending of $982k, spending 98% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $243k to $1.0m (+312%), an average of +312% a year. The sharpest change came in the year to June 2023, when income rose by 312%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Shore Charter School sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Runnels Academy ($1.0m), Wilkinson School Inc ($1.0m) and Beyond Autism Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $207k (21% of expenses). At year end it held assets of $663k against liabilities of $653k, net assets of $9,680. It reported 1 employees.