Roseville Community Charter School

Analysis

Roseville Community Charter School is a registered charity in United States, based in Newark, NJ. It received its IRS tax-exemption ruling in June 2014, 12 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, Roseville Community Charter School reported income of $9.0m and spending of $10.4m, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.9m to $9.0m (+32%), an average of +7.1% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Roseville Community Charter School sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NJ. Charities of a similar size with the same main cause include Washington Montessori Association Inc ($9.0m), Vista School ($9.0m) and Choice Regional Health Network ($9.0m).

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 $4.6m. At year end it held assets of $3.1m against liabilities of $429k, net assets of $2.7m. It reported 78 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.