The Charter Institute at Erskine
The Charter Institute at Erskine reported $299.9 million in revenue and $300.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $80.00 went to program services, $20.00 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 98.0% of the total. The highest compensation it reported for one person was $332,639 (CEO). 13 people received more than $100,000 in reportable compensation. Revenue rose 217% 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 $300MFor 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 $300MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 80.0% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 20.0% | 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 | 98.0% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 1.8% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $332,639 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.11% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 13 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 0.2 | 13.3 |
| Independent voting board members Part VI 1a–1b | 6 of 6 | 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 expenseHighest 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 |
|---|---|---|---|---|
| CEO Officer, 45.00 hrs/week | $310,556 | $0 | $22,083 | $332,639 |
| COO Officer, 45.00 hrs/week | $227,746 | $0 | $22,083 | $249,829 |
| SUPERINTENDENT OF SCHOOLS Highest compensated employee, 45.00 hrs/week | $170,621 | $0 | $13,068 | $183,689 |
| CHIEF OF STAFF Highest compensated employee, 45.00 hrs/week | $164,598 | $0 | $13,209 | $177,807 |
| SUPERINTENDENT OF SCHOOLS Highest compensated employee, 45.00 hrs/week | $158,228 | $0 | $17,325 | $175,553 |
| CHIEF FINANCIAL OFFICER Officer, 45.00 hrs/week | $129,792 | $0 | $16,839 | $146,631 |
| DEPUTY SUPERINTENDENT Highest compensated employee, 45.00 hrs/week | $125,446 | $0 | $5,715 | $131,161 |
| CHIEF OF BUSINESS STRATEGY Highest compensated employee, 45.00 hrs/week | $119,776 | $0 | $5,715 | $125,491 |
13 people received more than $100,000 in reportable compensation from The Charter Institute at Erskine (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.3M (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–1b6 · 6 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 4Yes
- 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 541
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| CANTEY TECH CONSULTING Consulting | $331,963 |
| WHITE & STORY LLC Law services | $125,257 |
| TW EDUCATIONAL CONSULTING LLC Consulting | $113,912 |
Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from The Charter Institute at Erskine's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Charter Institute at Erskine, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 The Charter Institute at Erskine spent in FY2025, $80.00 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Fairleigh Dickinson UniversityTeaneck, NJ · revenue $300M · programs 90.6% · FY2025
- Brock UniversityCanada, · revenue $301M · programs 81.6% · FY2025
- YES Prep Public SchoolsHouston, TX · revenue $299M · programs 94.3% · FY2025
- Bryant & Stratton CollegeOrchard Park, NY · revenue $302M · programs 69.4% · 2024
- Denison UniversityGranville, OH · revenue $299M · programs 87.4% · FY2025
All education charities · Largest charities in South Carolina
Questions people ask
How much of The Charter Institute at Erskine's spending goes to programs?
In the fiscal year ending June 30, 2025, The Charter Institute at Erskine reported that 80.0% of its $300.3 million in expenses went to program services, 20.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does The Charter Institute at Erskine pay its top executive?
The largest total compensation The Charter Institute at Erskine reported for one person in the fiscal year ending June 30, 2025 was $332,639, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Charter Institute at Erskine get its money?
Of $299.9 million in revenue in the fiscal year ending June 30, 2025, 98.0% came from contributions and grants and 1.8% from program service revenue (Form 990, Part VIII).
Is The Charter Institute at Erskine a registered charity?
The IRS lists EIN 82-3227586 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), 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 202640509349301314 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541349349305639 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411369349302546 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202340479349300314 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221309349303742 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141319349301349 · read the filing
All filings for EIN 82-3227586: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.