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Innovation Charter High School

New York, NY · EIN 27-1736728 · 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

Innovation Charter High School reported $9.7 million in revenue and $9.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $87.79 went to program services, $12.05 to management and general costs and $0.16 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 94.6% of the total. The highest compensation it reported for one person was $220,369 (Executive Director). 22 people received more than $100,000 in reportable compensation. Revenue rose 7% 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 $9.8M

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 $9.7M

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)
87.8%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
12.0%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.2%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.04$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
4.4%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
4.4%1.1%
Program service revenue share
Part VIII 2g ÷ 12
94.6%69.9%
Highest reported compensation
Part VII-A, columns D–F
$220,369$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.25%1.28%
People paid over $100,000
Part VII, line 2
228
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
5.913.3
Independent voting board members
Part VI 1a–1b
8 of 8100.0%

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
$5.8M expenses · 67.7% of program spending · revenue $7.3M

To provide quality education to new york city High School students. In FY 2025, Innovation Charter High School served 383 students

$2.8M expenses · 32.3% of program spending · revenue $1.9M

To provide quality special education to new york city High School students. In fy2025, Innovation Charter High School served 120 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
Executive Director
Officer, 40.0 hrs/week
$209,722$0$10,647$220,369
CCR Department Chair/ AVID Coordinator and Guidance Counselor
Highest compensated employee, 40.0 hrs/week
$132,673$0$51,023$183,696
Dean of Students
Highest compensated employee, 40.0 hrs/week
$130,711$0$21,794$152,505
Dean of Discipline
Officer, 40.0 hrs/week
$127,983$0$22,065$150,048
Associate Director of Finance
Highest compensated employee, 40.0 hrs/week
$119,441$0$21,606$141,047
Principal (LEFT 07/2024)
Officer, 40.0 hrs/week
$100,872$0$36,733$137,605
Dept Chair of Counseling in Counseling
Highest compensated employee, 40.0 hrs/week
$119,899$0$14,763$134,662
Grade 10, School Guidance Counselor
Highest compensated employee, 40.0 hrs/week
$118,667$0$6,095$124,762

22 people received more than $100,000 in reportable compensation from Innovation Charter High School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $616K (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$9.7M$9.8M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$9.7M$9.8M87.8%$4.8M$220,369
FY2024 ⓘ$10M$10M88.0%$4.9M$205,307
FY2023 ⓘ$10M$10M89.5%$5.1M$197,866
FY2022 ⓘ$11M$10.0M87.9%$4.9M$193,840
FY2021 ⓘ$9.2M$9.0M86.8%$4.2M$198,548
FY2020 ⓘ$9.0M$8.5M86.8%$4.0M$194,668

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–1b8 · 8 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 586
  • Volunteers Part I, line 68

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
Bold Arts Society Inc total
Professional Services
$110,000

Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to Innovation Charter High School totaling $38 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 Innovation Charter High 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 Innovation Charter High 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 York

Questions people ask

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

In the fiscal year ending June 30, 2025, Innovation Charter High School reported that 87.8% of its $9.8 million in expenses went to program services, 12.0% to management and general and 0.2% to fundraising (Form 990, Part IX).

How much does Innovation Charter High School pay its top executive?

The largest total compensation Innovation Charter High School reported for one person in the fiscal year ending June 30, 2025 was $220,369, for the role of Executive Director (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Innovation Charter High School get its money?

Of $9.7 million in revenue in the fiscal year ending June 30, 2025, 4.4% came from contributions and grants (including 4.4% from government grants) and 94.6% from program service revenue (Form 990, Part VIII).

Is Innovation Charter High School a registered charity?

The IRS lists EIN 27-1736728 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 202621359349315367 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511359349316646 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401309349301640 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331359349306903 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241339349302934 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202110629349300811 · read the filing

All filings for EIN 27-1736728: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.