Childrens Aid College Prep Charter School

Analysis

Childrens Aid College Prep Charter School is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in September 2012, 14 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, Childrens Aid College Prep Charter School reported income of $16.6m and spending of $18.6m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.2m to $16.6m (+36%), an average of +8.0% a year. 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, Childrens Aid College Prep Charter School sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Weizmann Chairs and Scholarships Endowment Inc ($16.6m), The Brandeis School of San Francisco ($16.6m) and Arlington Classics Academy ($16.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.9% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $233k (1.3% of expenses). Other salaries and wages came to $8.7m. At year end it held assets of $4.5m against liabilities of $2.6m, net assets of $1.8m. It reported 128 employees.