Neighborhood Charter Schools
Neighborhood Charter Schools reported $39.8 million in revenue and $38.9 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $87.58 went to program services, $12.38 to management and general costs and $0.04 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 88.0% of the total. Government grants made up 7.2%. The highest compensation it reported for one person was $259,870 (EXECUTIVE DIRECTOR). 12 people received more than $100,000 in reportable compensation. Revenue rose 68% 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 $39MFor 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 $40MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 87.6% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 12.4% | 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 | 7.2% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 7.2% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 88.0% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $259,870 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.67% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 12 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 2.1 | 13.3 |
| Independent voting board members Part VI 1a–1b | 8 of 8 | 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
FY2025 · Form 990, Part III · the three largest programs by expenseGeneral education - expenses directly associated with enhancing our current curriculum to provide disadvantaged students with new educational opportunities through a rigorous, comprehensive program. We served 1058 students in kindergarten-8th grade during the 2024-2025 school year
Special education - expenses directly associated with enhancing our current curriculum for special needs students. Hired consultants to add to our program's success by assisting US with designing programs that would meet the clinical, training, and research needs of individuals with autism spectrum disorders (asd). We served 127 students in the asd program and 226 other special needs students during the 2024-2025 school year
Highest reported compensation
FY2025 · 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 |
|---|---|---|---|---|
| EXECUTIVE DIRECTOR Officer, 40.00 hrs/week | $227,500 | $0 | $32,370 | $259,870 |
| PRINCIPAL Key employee, 40.00 hrs/week | $176,906 | $0 | $32,047 | $208,953 |
| DIRECTOR OF MIDDLE SCHOOL ACADEMICS Key employee, 40.00 hrs/week | $163,481 | $0 | $20,942 | $184,423 |
| ASSISTANT PRINCIPAL Highest compensated employee, 40.00 hrs/week | $139,476 | $0 | $44,888 | $184,364 |
| PRINCIPAL Key employee, 40.00 hrs/week | $169,464 | $0 | $12,539 | $182,003 |
| MANAGING DIRECTOR OF FINAN Key employee, 40.00 hrs/week | $156,006 | $0 | $15,430 | $171,436 |
| SR DIRECTOR OF TALENT & HR Key employee, 40.00 hrs/week | $161,372 | $0 | $9,785 | $171,157 |
| CHIEF OF STAFF Key employee, 40.00 hrs/week | $152,424 | $0 | $18,400 | $170,824 |
12 people received more than $100,000 in reportable compensation from Neighborhood Charter Schools (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.4M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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 5270
- Volunteers Part I, line 68
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| WHITSONS FOOD SERVICE CORP Student meals | $1,202,722 |
| PREMIER BUILDING SERVICES OF NY Janitorial services | $374,063 |
| TAHIR AND SONS CONSTRUCTION Construction | $109,700 |
Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.
Private foundation grants it received
2 private foundations reported grants to Neighborhood Charter Schools totaling $5,466 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 Neighborhood Charter Schools's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Neighborhood Charter Schools, you can publish a response that is linked from this page.
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Of every $100 Neighborhood Charter Schools spent in FY2025, $87.58 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Saint David's SchoolNew York, NY · revenue $40M · programs 83.8% · FY2025
- Provident Group - Bison PropertiesBaton Rouge, LA · revenue $40M · programs 98.8% · 2024
- Huntingdon CollegeMontgomery, AL · revenue $40M · programs 89.8% · FY2025
- UC Berkeley Center for Executive EducationBerkeley, CA · revenue $40M · programs 66.7% · FY2025
- Cobell Board of TrusteesWashington, DC · revenue $40M · programs 96.3% · 2025
Questions people ask
How much of Neighborhood Charter Schools's spending goes to programs?
In the fiscal year ending June 30, 2025, Neighborhood Charter Schools reported that 87.6% of its $38.9 million in expenses went to program services, 12.4% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Neighborhood Charter Schools pay its top executive?
The largest total compensation Neighborhood Charter Schools reported for one person in the fiscal year ending June 30, 2025 was $259,870, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Neighborhood Charter Schools get its money?
Of $39.8 million in revenue in the fiscal year ending June 30, 2025, 7.2% came from contributions and grants (including 7.2% from government grants) and 88.0% from program service revenue (Form 990, Part VIII).
Is Neighborhood Charter Schools a registered charity?
The IRS lists EIN 45-3355866 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 202610349349301701 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202530159349301693 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202400339349300825 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202330909349300623 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202200349349300110 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202100929349301105 · read the filing
All filings for EIN 45-3355866: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.