Philadelphia Academy Charter School
Philadelphia Academy Charter School reported $28.7 million in revenue and $26.1 million in expenses for the fiscal year ending June 30, 2024. Of every $100 it spent, $65.79 went to program services, $34.21 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 75.6% of the total. Government grants made up 24.1%. The highest compensation it reported for one person was $168,178 (High School Principal). 7 people received more than $100,000 in reportable compensation. Revenue rose 44% between FY2020 and FY2024. Source: Form 990, FY2024.
Where $100 of spending went
The fiscal year ending June 30, 2024 · Form 990, Part IX, line 25 · total expenses $26MFor 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, 2024 · Form 990, Part VIII · total revenue $29MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 65.8% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 34.2% | 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 | 24.1% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 24.1% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 75.6% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $168,178 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.64% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 7 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 1.9 | 13.3 |
| Independent voting board members Part VI 1a–1b | 7 of 7 | 100.0% |
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
FY2024 · Form 990, Part III · the three largest programs by expenseHighest reported compensation
FY2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| High School Principal Highest compensated employee, 40.00 hrs/week | $168,178 | $0 | $0 | $168,178 |
| Asst Principal Highest compensated employee, 40.00 hrs/week | $132,985 | $0 | $0 | $132,985 |
| Asst Principal Highest compensated employee, 40.00 hrs/week | $126,720 | $0 | $0 | $126,720 |
| Special Education Highest compensated employee, 40.00 hrs/week | $122,327 | $0 | $0 | $122,327 |
| Vice Principal Highest compensated employee, 40.00 hrs/week | $111,964 | $0 | $0 | $111,964 |
| CEO Officer, key employee, former, 40.00 hrs/week | $108,881 | $0 | $0 | $108,881 |
| Asst Principal Highest compensated employee, 40.00 hrs/week | $102,053 | $0 | $0 | $102,053 |
7 people received more than $100,000 in reportable compensation from Philadelphia Academy Charter School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $277K (Part IX, line 5).
5 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2024 · 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–1b7 · 7 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 5241
Private foundation grants it received
2 private foundations reported grants to Philadelphia Academy Charter School totaling $840 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Philadelphia Academy 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 Philadelphia Academy Charter School, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Philadelphia Academy Charter School spent in FY2024, $65.79 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Asheville SchoolAsheville, NC · revenue $29M · programs 79.9% · FY2025
- Hynes Charter School CorporationNew Orleans, LA · revenue $29M · programs 88.6% · FY2025
- Illinois Masonic Charities FundSpringfield, IL · revenue $29M · programs 83.8% · FY2025
- Norwood SchoolBethesda, MD · revenue $29M · programs 79.5% · FY2025
- Northwestern Health Sciences UniversityBloomington, MN · revenue $29M · programs 81.2% · FY2025
Questions people ask
How much of Philadelphia Academy Charter School's spending goes to programs?
In the fiscal year ending June 30, 2024, Philadelphia Academy Charter School reported that 65.8% of its $26.1 million in expenses went to program services, 34.2% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Philadelphia Academy Charter School pay its top executive?
The largest total compensation Philadelphia Academy Charter School reported for one person in the fiscal year ending June 30, 2024 was $168,178, for the role of High School Principal (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Philadelphia Academy Charter School get its money?
Of $28.7 million in revenue in the fiscal year ending June 30, 2024, 24.1% came from contributions and grants (including 24.1% from government grants) and 75.6% from program service revenue (Form 990, Part VIII).
Is Philadelphia Academy Charter School a registered charity?
The IRS lists EIN 23-2998638 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. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501359349304855 · read the filing · XML
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431239349301863 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331319349305158 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231309349303603 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131339349302478 · read the filing
All filings for EIN 23-2998638: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.