Wissahickon Charter School
Wissahickon Charter School shows consistent revenue growth and strong program spending efficiency with no reported officer compensation.
EIN: 20534735 · Philadelphia, PA · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $23.8M |
| Total Expenses | $19.6M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $20M |
| Net Assets | $5.6M |
| Transparency Score | 92/100 |
Is Wissahickon Charter School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wissahickon Charter School directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wissahickon Charter School
Wissahickon Charter School (EIN: 20534735) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code B29. The organization reported total revenue of $23.8M and total assets of $35.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wissahickon Charter School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wissahickon Charter School is a large nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $20.2M |
| Total Expenses | $19.6M |
| Surplus / Deficit | +$661K |
| Total Assets | $34.2M |
| Total Liabilities | $28.6M |
| Net Assets | $5.6M |
| Operating Margin | 3.3% |
| Debt-to-Asset Ratio | 83.8% |
| Months of Reserves | 21.0 months |
Financial Health Grade: A
In 2023, Wissahickon Charter School reported a surplus of $661K with revenue exceeding expenses, holds 21.0 months of operating reserves (strong position), has a debt-to-asset ratio of 83.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Wissahickon Charter School's revenue has grown at a compound annual growth rate (CAGR) of 11.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.8% | +5.6% | -2.6% |
| 2022 | +19.7% | +26.7% | +180.7% |
| 2021 | +8.9% | +0.3% | +18.1% |
| 2020 | -0.4% | +-0.0% | +5.7% |
| 2019 | +12.6% | +6.1% | +21.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Wissahickon Charter School with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Wissahickon Charter School allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $661K, with revenue exceeding expenses.
- Debt-to-asset ratio: 83.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that top officers are either unpaid volunteers or that compensation falls below reporting thresholds, which is highly unusual for an organization of this size ($20M+ revenue) and suggests a very lean administrative structure or a board-driven leadership model.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Wissahickon Charter School's IRS 990 filings:
- Unusually low or 0% reported officer compensation for an organization of this size, which might warrant further inquiry into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Wissahickon Charter School:
- Consistent and significant revenue growth over a decade, from $7.2M in 2014 to $20.2M in 2023.
- Strong program spending efficiency, with an estimated 90% of expenses dedicated to programs.
- Remarkable 0% reported officer compensation across all filings, indicating a highly efficient or volunteer-driven leadership.
- Substantial asset growth, from $5.4M in 2014 to $34.1M in 2023, reflecting organizational expansion.
- Consistent filing of IRS 990s over 13 periods, demonstrating transparency and compliance.
Frequently Asked Questions about Wissahickon Charter School
Is Wissahickon Charter School a legitimate charity?
Wissahickon Charter School (EIN: 20534735) is a registered tax-exempt nonprofit based in Pennsylvania. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $23.8M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Wissahickon Charter School spend its money?
Wissahickon Charter School directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Wissahickon Charter School tax-deductible?
Wissahickon Charter School is registered as a tax-exempt nonprofit (EIN: 20534735). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Wissahickon Charter School CEO make?
Wissahickon Charter School's highest-compensated officer earns $20M annually. The organization reported $23.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Wissahickon Charter School's spending goes to programs?
Wissahickon Charter School directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Wissahickon Charter School compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Wissahickon Charter School is above average for NTEE category B29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wissahickon Charter School located?
Wissahickon Charter School is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 20534735. It is classified under NTEE code B29.
How many years of IRS 990 filings does Wissahickon Charter School have?
Wissahickon Charter School has 13 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 $23.8M in total revenue.
Is Wissahickon Charter School a good charity?
Based on the provided IRS 990 data, Wissahickon Charter School appears to be a very good charity. It demonstrates strong financial growth, consistent program spending efficiency (estimated 90% of expenses on programs), and a remarkable commitment to minimizing administrative overhead, including 0% reported officer compensation.
How has Wissahickon Charter School's revenue grown over time?
Wissahickon Charter School has experienced significant revenue growth, increasing from $7,214,160 in 2014 to $20,220,993 in 2023, representing a nearly threefold increase over a decade.
What is the organization's asset growth trend?
The organization's assets have grown substantially, from $5,403,393 in 2014 to $34,198,072 in 2023, indicating significant expansion and investment in its infrastructure and operations.
Filing History
IRS 990 filing history for Wissahickon Charter School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wissahickon Charter School's revenue has grown by 270.5%, moving from $5.5M to $20.2M. Total assets increased by 1329.4% over the same period, from $2.4M to $34.2M. Total functional expenses rose by 252.1%, from $5.6M to $19.6M. In its most recent filing year (2023), Wissahickon Charter School reported a surplus of $661K, with revenue exceeding expenses. The organization holds $28.6M in liabilities against $34.2M in assets (debt-to-asset ratio: 83.8%), resulting in net assets of $5.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $20.2M | $19.6M | $34.2M | $28.6M | — | View 990 |
| 2022 | $21.5M | $18.5M | $35.1M | $30.2M | — | View 990 |
| 2021 | $17.9M | $14.6M | $12.5M | $10.6M | — | View 990 |
| 2020 | $16.5M | $14.6M | $10.6M | $11.9M | — | View 990 |
| 2019 | $16.5M | $14.6M | $10.0M | $13.2M | — | View 990 |
| 2018 | $14.7M | $13.7M | $8.2M | $13.4M | — | View 990 |
| 2017 | $13.7M | $13.9M | $8.3M | $14.0M | — | View 990 |
| 2016 | $12.5M | $12.8M | $7.2M | $12.6M | — | View 990 |
| 2015 | $10.8M | $10.8M | $6.7M | $11.8M | — | View 990 |
| 2014 | $7.2M | $6.1M | $5.4M | $2.5M | — | View 990 |
| 2013 | $6.6M | $5.9M | $3.8M | $2.0M | — | View 990 |
| 2012 | $5.7M | $5.9M | $2.3M | $1.2M | — | View 990 |
| 2011 | $5.5M | $5.6M | $2.4M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $20.2M, expenses of $19.6M, and assets of $34.2M (revenue -5.8% year-over-year).
- 2022: Revenue of $21.5M, expenses of $18.5M, and assets of $35.1M (revenue +19.7% year-over-year).
- 2021: Revenue of $17.9M, expenses of $14.6M, and assets of $12.5M (revenue +8.9% year-over-year).
- 2020: Revenue of $16.5M, expenses of $14.6M, and assets of $10.6M (revenue -0.4% year-over-year).
- 2019: Revenue of $16.5M, expenses of $14.6M, and assets of $10.0M (revenue +12.6% year-over-year).
- 2018: Revenue of $14.7M, expenses of $13.7M, and assets of $8.2M (revenue +7.1% year-over-year).
- 2017: Revenue of $13.7M, expenses of $13.9M, and assets of $8.3M (revenue +9.7% year-over-year).
- 2016: Revenue of $12.5M, expenses of $12.8M, and assets of $7.2M (revenue +16.0% year-over-year).
- 2015: Revenue of $10.8M, expenses of $10.8M, and assets of $6.7M (revenue +49.2% year-over-year).
- 2014: Revenue of $7.2M, expenses of $6.1M, and assets of $5.4M (revenue +9.5% year-over-year).
- 2013: Revenue of $6.6M, expenses of $5.9M, and assets of $3.8M (revenue +15.4% year-over-year).
- 2012: Revenue of $5.7M, expenses of $5.9M, and assets of $2.3M (revenue +4.6% year-over-year).
- 2011: Revenue of $5.5M, expenses of $5.6M, and assets of $2.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wissahickon Charter School:
Data Sources and Methodology
This transparency report for Wissahickon Charter School 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.