Charter Institute At Erskine is a 501(c)(3) organization based in Columbia, South Carolina, registered in 2019, with $299,875,169 in FY2024 revenue. CharityIndex grades it B, and it directs about 80% of spending to programs.
Revenue (FY2024)
$299.9M
▲ 1.8% vs prior year
Education median: $200K
Expenses (FY2024)
$300.3M
Net assets
$5.1M
Employees
41
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Charter Institute At Erskine: 80% to programs · $0 to raise $100 earns a B+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Charter Institute At Erskine: 0 mo reserves · -0% margin earns a C on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Charter Institute At Erskine: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Charter Institute At Erskine: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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The mission of the charter institute at erskine is to authorize high-quality charter schools that elevate educational opportunities through innovation and creativity.
Revenue grew from $26K (FY2017) to $299.9M (FY2024) across 8 reported years.
Financial snapshot
Operating margin
-0.1%
Spent more than it raised in the latest fiscal year.
Total assets
$17.4M
Total liabilities
$12.3M
Net assets
$5.1M
Salaries & benefits
$5.0M
2% of expenses
Board members
6
6 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $299,875,169▲1.8% | $300,281,995▲2.5% | $5,141,589▼8.0% | $17,423,132▲5.4% | 990 |
| 2023 | $294,615,942▲20.6% | $292,961,046▲20.7% | $5,586,576▲42.1% | $16,527,851▲39.0% | 990 |
| 2022 | $244,260,168▲5.1% | $242,679,238▲4.7% | $3,931,680▲67.3% | $11,892,544▼50.0% | 990 |
| 2021 | $232,498,588▲10.9% | $231,678,686▲11.3% | $2,350,750▲53.6% | $23,789,226▲97.1% | 990 |
| 2020 | $209,656,742▲122% | $208,109,095▲120% | $1,530,848▲9213% | $12,067,281▲140% | 990 |
| 2019 | $94,566,743▲20.5% | $94,516,236▲20.7% | -$16,799▲75.0% | $5,024,709▲35.7% | 990 |
| 2018 | $78,502,584▲307717% | $78,278,725▲29743% | -$67,306▲71.6% | $3,703,427▲557645% | 990 |
| 2017 | $25,503 | $262,306 | -$236,803 | $664 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Cameron Runyan — $310,556 (0.10% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Cameron Runyan | Ceo | 45 | $310,556 |
| Vamshi Rudrapati | Coo | 45 | $227,746 |
| Melvin Sinclair | Superintendent of Schools | 45 | $170,621 |
| Christy Junkins | Chief of Staff | 45 | $164,598 |
| Karen Brakefield | Superintendent of Schools | 45 | $158,228 |
| John Li | Chief Financial Officer | 45 | $129,792 |
| Jeanie Glover | Deputy Superintendent | 45 | $125,446 |
| Kusuma Buddhiraju | Chief of Business Strategy | 45 | $119,776 |
| Dr Gordon Query | Board Member | 5 | — |
| Dr Steven Adamson | Board Chair | 10 | — |
| Dr Tony Foster | Vice Chair | 5 | — |
| Helen Taylor | Treasurer | 5 | — |
| Stu Rodman | Board Member | 5 | — |
| Todd Carnes | Board Member | 5 | — |
| Contractor | Services | Paid |
|---|---|---|
| Cantey Tech Consulting | Consulting | $331,963 |
| White & Story LLC | Law Services | $125,257 |
| Tw Educational Consulting LLC | Consulting | $113,912 |
Explore more
Data for Charter Institute At Erskine (EIN 82-3227586) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.