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Princeton Charter School

Princeton, NJ · EIN 22-3505511 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Princeton Charter School reported $10.5 million in revenue and $10.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $90.45 went to program services, $9.55 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 98.6% of the total. Government grants made up 95.0%. The highest compensation it reported for one person was $205,952 (HEAD OF SCHOOL). 6 people received more than $100,000 in reportable compensation. Revenue rose 28% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $10M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $10M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
90.5%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
9.5%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
98.6%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
95.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
1.1%69.9%
Highest reported compensation
Part VII-A, columns D–F
$205,952$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.98%1.28%
People paid over $100,000
Part VII, line 2
68
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
3.713.3
Independent voting board members
Part VI 1a–1b
9 of 9100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$9.3M expenses · 98.9% of program spending · revenue $141K

Princeton Charter School is a k-8 public Charter School who operates in conformity with the Charter School program act of 1995. Princeton Charter School is also considered a local education agency (lea) per the state of new jersey, department of education. The students' education is guided by the nj core curriculum standards in the areas of reading and language arts, mathematics, science, social studies, world languages, the arts and physical education/health. There are no barriers to admission, a random lottery is held in january of each school year. The distinguishing features of the school…

$31,845 expenses · 0.3% of program spending

Federal no child left behind act - title I & title ii, part a

$72,166 expenses · 0.8% of program spending

Federal idea grant, allocated to the needs of special education students

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
HEAD OF SCHOOL
Officer, 40.00 hrs/week
$205,897$0$55$205,952
ASST HEAD OF SCHOOL
Highest compensated employee, 40.00 hrs/week
$139,837$0$18,016$157,853
ASST HEAD OF SCHOOL
Highest compensated employee, 40.00 hrs/week
$150,603$0$0$150,603
TEACHER
Highest compensated employee, 40.00 hrs/week
$108,753$0$28,159$136,912
TEACHER
Highest compensated employee, 40.00 hrs/week
$110,860$0$9,551$120,411
TEACHER
Highest compensated employee, 40.00 hrs/week
$112,105$0$0$112,105

6 people received more than $100,000 in reportable compensation from Princeton Charter School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $206K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$10M$10M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$10M$10M90.5%$3.2M$205,952
FY2024 ⓘ$10M$10M90.5%$3.2M$197,931
FY2023 ⓘ$9.7M$9.8M90.6%$3.5M$193,110
FY2022 ⓘ$10M$9.7M90.8%$3.6M$186,723
FY2021 ⓘ$9.2M$8.8M90.6%$3.1M$182,125
FY2020 ⓘ$8.1M$8.4M90.6%$2.8M$151,043

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b9 · 9 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 571
  • Volunteers Part I, line 69

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
NETWORK INFORMATION TECHNOLOGIES LLC
$194,575
DAKOTA BUILDING SERVICES INC
$189,037
SBO MANAGEMENT LLC
$164,492
SWING EDUCATION INC
$116,645

Individuals listed as contractors are left out. 6 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Princeton Charter School's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Princeton Charter School, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in New Jersey

Questions people ask

How much of Princeton Charter School's spending goes to programs?

In the fiscal year ending June 30, 2025, Princeton Charter School reported that 90.5% of its $10.4 million in expenses went to program services, 9.5% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Princeton Charter School pay its top executive?

The largest total compensation Princeton Charter School reported for one person in the fiscal year ending June 30, 2025 was $205,952, for the role of HEAD OF SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Princeton Charter School get its money?

Of $10.5 million in revenue in the fiscal year ending June 30, 2025, 98.6% came from contributions and grants (including 95.0% from government grants) and 1.1% from program service revenue (Form 990, Part VIII).

Is Princeton Charter School a registered charity?

The IRS lists EIN 22-3505511 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202630149349301913 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202520419349301182 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411149349301006 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311249349301711 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221369349311192 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202130639349300418 · read the filing

All filings for EIN 22-3505511: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.