Milwaukee Scholars Charter School Inc

Analysis

Milwaukee Scholars Charter School Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in November 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Milwaukee Scholars Charter School Inc reported income of $8.2m and spending of $8.2m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.1m to $8.2m (+17%), an average of +3.9% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Milwaukee Scholars Charter School Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within WI. Charities of a similar size with the same main cause include Aspen Ridge School ($8.2m), Nevada City School of the Arts ($8.2m) and Adopt-A-Classroom Inc ($8.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.2% of the total. Other salaries and wages came to $4.1m. At year end it held assets of $769k against liabilities of $615k, net assets of $154k.