Charter-tech High School For the Performing Arts Inc is a 501(c)(3) organization based in Somers Point, New Jersey, registered in 1997, with $10,337,539 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$10.3M
▲ 0.1% vs prior year
Education median: $200K
Expenses (FY2023)
$8.8M
Net assets
$10.0M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
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. Not scored for Charter-tech High School For the Performing Arts Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). 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-tech High School For the Performing Arts Inc: 14 mo reserves · +15% margin earns a A 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. Not scored for Charter-tech High School For the Performing Arts Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). 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-tech High School For the Performing Arts Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $5.7M (FY2014) to $10.3M (FY2023) across 10 reported years.
Financial snapshot
Operating margin
14.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$15.1M
Total liabilities
$5.1M
Net assets
$10.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $10,337,539▲0.1% | $8,813,510▲10.8% | $10,030,405▲17.9% | $15,141,329▲9.0% | 990 |
| 2022 | $10,329,252▲7.7% | $7,950,983▲2.3% | $8,506,375▲38.8% | $13,894,607▲18.6% | 990 |
| 2021 | $9,590,437▲15.7% | $7,770,495▲15.1% | $6,128,108▲42.2% | $11,716,640▲14.3% | 990 |
| 2020 | $8,290,315▲10.4% | $6,750,944▼3.4% | $4,308,166▲55.7% | $10,253,645▲13.3% | 990 |
| 2019 | $7,506,947▲7.4% | $6,985,950▲4.2% | $2,766,433▲23.2% | $9,053,686▲1.4% | 990 |
| 2018 | $6,988,801▲4.3% | $6,703,127▲7.4% | $2,245,436▲14.6% | $8,928,307▲1.8% | 990 |
| 2017 | $6,699,254▲14.3% | $6,242,741▲10.9% | $1,959,760▲30.4% | $8,766,399▲7.9% | 990 |
| 2016 | $5,862,724▼0.3% | $5,629,648▼1.3% | $1,503,247▲20.5% | $8,121,205▲59.8% | 990 |
| 2015 | $5,877,968▲4.0% | $5,705,028▲2.4% | $1,247,191▲26.5% | $5,080,766▼4.0% | 990 |
| 2014 | $5,650,084 | $5,573,489 | $985,597 | $5,289,847 | 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.
Explore more
Data for Charter-tech High School For the Performing Arts Inc (EIN 22-3510049) 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.