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Classical Charter Schools

Bronx, NY · EIN 46-0625647 · 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

Classical Charter Schools reported $42.9 million in revenue and $41.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $85.00 went to program services, $14.35 to management and general costs and $0.65 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 83.7% of the total. Government grants made up 7.0%. The highest compensation it reported for one person was $446,437 (EXECUTIVE DIRECTOR). 50 people received more than $100,000 in reportable compensation. Revenue rose 60% 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 $41M

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 $43M

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)
85.0%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
14.4%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.6%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
15.3%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
7.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
83.7%69.9%
Highest reported compensation
Part VII-A, columns D–F
$446,437$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.08%1.28%
People paid over $100,000
Part VII, line 2
508
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
4.913.3
Independent voting board members
Part VI 1a–1b
10 of 10100.0%

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
$35M expenses · 100.0% of program spending · revenue $36M

We provide our students with a solid foundation for academic success through achievement that exceeds citywide averages and meets or exceeds new york state standards and national norms in all curriculum areas tested, especially in mathematics and langugae arts. For the 2024-2025 school year, we served approximately 1587 students in kindergarten through eighth grade

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, 40.00 hrs/week
$419,746$0$26,691$446,437
DIR OF CURRICULUM & INST
Key employee, 40.00 hrs/week
$226,900$0$28,024$254,924
DIRECTOR OF BUSINESS
Officer, 40.00 hrs/week
$184,986$0$11,347$196,333
SCHOOL DIRECTOR
Highest compensated employee, 40.00 hrs/week
$140,993$0$33,606$174,599
DIRECTOR OF DATA
Highest compensated employee, 40.00 hrs/week
$136,835$0$33,159$169,994
INSTRUCTIONAL COACH
Highest compensated employee, 40.00 hrs/week
$153,000$0$16,752$169,752
DIRECTOR OF STRATEGY
Highest compensated employee, 40.00 hrs/week
$148,803$0$16,614$165,417
SCHOOL DIRECTOR
Highest compensated employee, 40.00 hrs/week
$134,890$0$16,975$151,865

50 people received more than $100,000 in reportable compensation from Classical Charter Schools (Part VII, line 2). Compensation of current officers, directors and key employees totaled $902K (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$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$43M$41M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$43M$41M85.0%$17M$446,437
FY2024 ⓘ$44M$42M83.8%$15M$424,445
FY2023 ⓘ$41M$41M85.0%$13M$402,331
FY2022 ⓘ$37M$38M84.7%$9.4M$382,241
FY2021 ⓘ$35M$33M84.1%$11M$381,989
FY2020 ⓘ$27M$28M80.9%$8.9M$321,331

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–1b10 · 10 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 5409
  • Volunteers Part I, line 611

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
RELAY GRADUATE SCHOOL OF EDUCATION
Fellowship program
$968,250
ATLANTIC A PROGRAM OF DEL LAGE LANDEN FI
Finance
$885,185
CHARTER TECHNOLOGY SOLUTIONS
Technology consultant
$840,904
INDEED
Job posting
$261,643
AIR SOURCE MECHANICAL INC
Hvac systems
$222,999

Individuals listed as contractors are left out. 10 contractors were paid more than $100,000 in all.

Private foundation grants it received

3 private foundations reported grants to Classical Charter Schools totaling $475K 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 Classical 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 Classical Charter Schools, 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 Classical Charter Schools's spending goes to programs?

In the fiscal year ending June 30, 2025, Classical Charter Schools reported that 85.0% of its $41.3 million in expenses went to program services, 14.4% to management and general and 0.6% to fundraising (Form 990, Part IX).

How much does Classical Charter Schools pay its top executive?

The largest total compensation Classical Charter Schools reported for one person in the fiscal year ending June 30, 2025 was $446,437, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Classical Charter Schools get its money?

Of $42.9 million in revenue in the fiscal year ending June 30, 2025, 15.3% came from contributions and grants (including 7.0% from government grants) and 83.7% from program service revenue (Form 990, Part VIII).

Is Classical Charter Schools a registered charity?

The IRS lists EIN 46-0625647 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 202523099349303307 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202423099349301927 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202323469349300922 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341249349302489 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211369349316536 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101379349301530 · read the filing

All filings for EIN 46-0625647: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.