Charter Institute At Erskine
EIN: 823227586 · Columbia, SC · NTEE: B99
| Metric | Value |
|---|---|
| Total Revenue | $299.9M |
| Total Expenses | $242.7M |
| Net Assets | $3.9M |
Is Charter Institute At Erskine Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Charter Institute At Erskine
Charter Institute At Erskine (EIN: 823227586) is a nonprofit organization based in Columbia, SC, classified under NTEE code B99. The organization reported total revenue of $299.9M and total assets of $17.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Charter Institute At Erskine's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Charter Institute At Erskine is a major nonprofit that has been operating for 7 years, with 6 years of IRS 990 filings on record (2018–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $244.3M |
| Total Expenses | $242.7M |
| Surplus / Deficit | +$1.6M |
| Total Assets | $11.9M |
| Total Liabilities | $8.0M |
| Net Assets | $3.9M |
| Operating Margin | 0.6% |
| Debt-to-Asset Ratio | 66.9% |
| Months of Reserves | 0.6 months |
Financial Health Grade: B
In 2023, Charter Institute At Erskine reported a surplus of $1.6M with revenue exceeding expenses, holds 0.6 months of operating reserves (limited), has a debt-to-asset ratio of 66.9% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.1% | +4.7% | -50.0% |
| 2022 | +10.9% | +11.3% | +97.1% |
| 2021 | +121.7% | +120.2% | +140.2% |
| 2020 | +20.5% | +20.7% | +35.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Charter Institute At Erskine has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Charter Institute At Erskine with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 66.9%.
Frequently Asked Questions about Charter Institute At Erskine
Is Charter Institute At Erskine a legitimate charity?
Based on AI analysis of IRS 990 filings, Charter Institute At Erskine (EIN: 823227586) insufficient data. 0 red flags identified, 0 strengths noted.
How does Charter Institute At Erskine spend its money?
Detailed spending breakdown data is not yet available for Charter Institute At Erskine. Check back for updated IRS 990 analysis.
Are donations to Charter Institute At Erskine tax-deductible?
Charter Institute At Erskine is registered as a tax-exempt nonprofit (EIN: 823227586). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Charter Institute At Erskine located?
Charter Institute At Erskine is headquartered in Columbia, South Carolina and files with the IRS under EIN 823227586. It is classified under NTEE code B99.
How many years of IRS 990 filings does Charter Institute At Erskine have?
Charter Institute At Erskine has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $299.9M in total revenue.
Filing History
IRS 990 filing history for Charter Institute At Erskine showing financial trends over 6 years of public records:
Total assets increased by 1189254300% over the same period, from $1 to $11.9M. In its most recent filing year (2023), Charter Institute At Erskine reported a surplus of $1.6M, with revenue exceeding expenses. The organization holds $8.0M in liabilities against $11.9M in assets (debt-to-asset ratio: 66.9%), resulting in net assets of $3.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $244.3M | $242.7M | $11.9M | $8.0M | — | — |
| 2022 | $232.5M | $231.7M | $23.8M | $21.4M | — | View 990 |
| 2021 | $209.7M | $208.1M | $12.1M | $10.5M | — | View 990 |
| 2020 | $94.6M | $94.5M | $5.0M | $5.0M | — | View 990 |
| 2019 | $78.5M | $78.3M | $3.7M | $3.8M | — | View 990 |
| 2018 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $244.3M, expenses of $242.7M, and assets of $11.9M (revenue +5.1% year-over-year).
- 2022: Revenue of $232.5M, expenses of $231.7M, and assets of $23.8M (revenue +10.9% year-over-year).
- 2021: Revenue of $209.7M, expenses of $208.1M, and assets of $12.1M (revenue +121.7% year-over-year).
- 2020: Revenue of $94.6M, expenses of $94.5M, and assets of $5.0M (revenue +20.5% year-over-year).
- 2019: Revenue of $78.5M, expenses of $78.3M, and assets of $3.7M.
- 2018: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Charter Institute At Erskine:
Data Sources and Methodology
This transparency report for Charter Institute At Erskine is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.