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Success Academy Charter Schools - NYC

New York, NY · EIN 36-4629540 · 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

Success Academy Charter Schools - NYC reported $452.6 million in revenue and $418.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $90.46 went to program services, $9.54 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: 90.9% of the total. Government grants made up 5.2%. The highest compensation it reported for one person was $244,342 (MIDDLE SCHOOL TEACHER AT SA BRONX MS). 93 people received more than $100,000 in reportable compensation. Revenue rose 36% 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 $419M

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 $453M

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
6.7%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
5.2%1.1%
Program service revenue share
Part VIII 2g ÷ 12
90.9%69.9%
Highest reported compensation
Part VII-A, columns D–F
$244,342$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.06%1.28%
People paid over $100,000
Part VII, line 2
938
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
9.413.3
Independent voting board members
Part VI 1a–1b
11 of 11100.0%

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
$329M expenses · 86.9% of program spending · revenue $377M

General education - general education is the program of education that typically developing children should receive, based on state standards and evaluated by the annual state educational standards test. Provided education to approximately 19,725 students in grades kindergarten through high school during the reporting period

$50M expenses · 13.1% of program spending · revenue $35M

Special education - special education is the program of education that a subset group of children should receive to provide additional services, support, programs, specialized placements or environments to ensure that all students' educational needs are provided for

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
MIDDLE SCHOOL TEACHER AT SA BRONX MS
Highest compensated employee, 55.0 hrs/week
$221,585$0$22,757$244,342
SENIOR LEADER AT SA BUSHWICK ES
Highest compensated employee, 55.0 hrs/week
$191,252$0$16,601$207,853
SENIOR LEADER AT SA HUDSON YARD ES
Highest compensated employee, 55.0 hrs/week
$174,738$0$16,972$191,710
SENIOR LEADER AT SA SPRINGFIELD GARDENS MS
Highest compensated employee, 55.0 hrs/week
$176,018$0$15,147$191,165
SENIOR LEADER AT SA HARLEM EAST MS
Highest compensated employee, 55.0 hrs/week
$170,927$0$14,426$185,353

93 people received more than $100,000 in reportable compensation from Success Academy Charter Schools - NYC (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$200M$400M$600M$800MFY2020FY2021FY2022FY2023FY2024FY2025$453M$419M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$453M$419M90.5%$329M$244,342
FY2024 ⓘ$453M$396M90.0%$294M$259,986
FY2023 ⓘ$418M$353M88.8%$238M$284,719
FY2022 ⓘ$399M$342M89.9%$174M$220,782
FY2021 ⓘ$391M$323M89.8%$121M$208,106
FY2020 ⓘ$333M$300M89.8%$56M$209,010

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–1b11 · 11 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 15aNo
  • 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 54,142
  • Volunteers Part I, line 682

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
CLUNE CONSTRUCTION COMPANY LP
Construction
$2,695,515
TW2M
Construction
$1,028,332
WESBUILT CONSTRUCTION MANAGERS LLC
Construction
$1,021,717
DECENT XPOSURE LLC
Media marketing
$801,258
RED RIVER TECHNOLOGY LLC
Technology
$543,793

Individuals listed as contractors are left out. 16 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Success Academy Charter Schools - NYC's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Success Academy Charter Schools - NYC, 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 Success Academy Charter Schools - NYC's spending goes to programs?

In the fiscal year ending June 30, 2025, Success Academy Charter Schools - NYC reported that 90.5% of its $418.5 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 Success Academy Charter Schools - NYC pay its top executive?

The largest total compensation Success Academy Charter Schools - NYC reported for one person in the fiscal year ending June 30, 2025 was $244,342, for the role of MIDDLE SCHOOL TEACHER AT SA BRONX MS (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Success Academy Charter Schools - NYC get its money?

Of $452.6 million in revenue in the fiscal year ending June 30, 2025, 6.7% came from contributions and grants (including 5.2% from government grants) and 90.9% from program service revenue (Form 990, Part VIII).

Is Success Academy Charter Schools - NYC a registered charity?

The IRS lists EIN 36-4629540 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 202621279349301617 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521339349307387 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441359349313109 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311359349307511 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201329349304390 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101379349302025 · read the filing

All filings for EIN 36-4629540: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.