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Education · 2023 Form 990

Commonwealth Charter Academy Charter School: $420.8M Revenue, $284.3M Program Expenses

Harrisburg, Pennsylvania · EIN 743068519 · Filing year 2023

Commonwealth Charter Academy Charter School reported $420.8M in total revenue, $364.5M in total expenses, and $675.6M in total assets on its 2023 IRS Form 990. 78.0% of expenses ($284.3M) went directly to programs. Top officer compensation is not reported on this 990 filing. Overall efficiency grade: A (85/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

A
Efficiency Score
85/100

Key Facts (2023 Form 990)

Total Revenue
$420.8M
Total Expenses
$364.5M
Program Expenses
$284.3M
Program Expense Ratio
78.0%
Total Assets
$675.6M
Reserve Months
22.2 months
EIN
743068519
Latest 990 Year
2023
Top Officer Compensation
Not reported

Commonwealth Charter Academy Charter School earns an A on the nonprofit efficiency rubric — a top-tier rating that reflects strong program-spending ratios, reasonable executive compensation, and stable financial reserves. The composite score of 85/100 places it in the upper bracket of U.S. tax-exempt organizations.

Commonwealth Charter Academy Charter School is a large nonprofit by U.S. standards: $420.8M in 2023 revenue against $364.5M in expenses. Organizations in this revenue bracket usually run multiple programs with permanent staff and a meaningful endowment or reserve. Program-spending efficiency is strong: 80% of total expenses flow to program activities, above the 75% benchmark most third-party charity raters use.

Revenue has grown meaningfully across the five-year filing history — a sign of expanding donor base, new grants, or scaling programs. Commonwealth Charter Academy Charter School reported $420.8M in 2023, up notably from the start of the window. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. In the Education category, Commonwealth Charter Academy Charter School sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue ratios should be read.


$420.8M
Revenue
$364.5M
Expenses
$675.6M
Total Assets
78.0%
Program Spending

How Commonwealth Charter Academy Charter School Compares

Commonwealth Charter Academy Charter School directs 78.0% of spending to programs, meeting the 65% minimum recommended by charity watchdogs. Its efficiency score of 85/100 is 11 points above the Education category average. The organization holds 22.2 months of operating reserves, indicating strong financial stability.

Financials

Where Your Donation Goes

$284.3M
Program Spending
78.0% of expenses
Not reported
CEO Compensation
22.2 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, for every dollar donated to Commonwealth Charter Academy Charter School, approximately 78.0 cents goes directly to program activities. The remaining funds cover administrative costs, fundraising, and management expenses.

Trend

Revenue History


Commonwealth Charter Academy Charter School has an Efficiency Score of A (85/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.

Commonwealth Charter Academy Charter School, Donor FAQ

Commonwealth Charter Academy Charter School has an Efficiency Score of A (85/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.

CEO/officer compensation for Commonwealth Charter Academy Charter School is not reported in the most recent IRS 990 filing on file.

Commonwealth Charter Academy Charter School reported $420.8M in annual revenue and $364.5M in total expenses for filing year 2023. The organization holds $675.6M in total assets.

For every dollar donated to Commonwealth Charter Academy Charter School, approximately 78.0 cents goes to program activities. The organization has 22.2 months of operating reserves, providing financial stability to sustain its mission.

Commonwealth Charter Academy Charter School is a registered 501(c) organization with EIN 743068519, based in Harrisburg, Pennsylvania. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS 990 filings via ProPublica Nonprofit Explorer. Efficiency Scores combine program spending ratio (50%), revenue growth (20%), reserve months (20%), and CEO compensation ratio (10%). Filing data may lag 6-18 months from the tax year.