BEducationEIN: 020679580· Ruling Year: 2005

Charleston Development Acdemy

Charleston, South Carolina

B+Health Score
70B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.49×
Peer Median20.77×
💰
$2.7M
Total Revenue
📊
$2.4M
Total Expenses
🏦
$1.2M
Net Assets
📋
$692K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+19.5%
Year-over-year change (2022 → 2023)
Net Margin
+9.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.49
Net assets divided by total expenses
Liabilities-to-Assets
36.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,691,48120%$2,446,0929%$1,881,42761%
2022$2,251,9252%$2,239,05612%$1,171,8723%
2021$2,301,26215%$1,999,2504%$1,208,1388%
2020$1,999,9401%$2,078,3736%$1,113,4977%
2019$1,985,99411%$1,965,4373%$1,042,7851%
2018$1,790,6482%$1,902,2948%$1,035,0681%
2017$1,832,672$1,765,0457%$1,045,27511%
2016$1,840,3331%$1,652,8284%$938,07118%
2015$1,850,18113%$1,585,3338%$797,79759%
2014$1,634,6456%$1,721,3522%$502,15116%
2013$1,735,3536%$1,681,3537%$594,2684%
2012$1,633,4802%$1,568,8451%$621,28712%
2011$1,673,979$1,546,911$557,063

Frequently Asked Questions

What does Charleston Development Acdemy do?

Charleston Development Acdemy is a education nonprofit organization based in South Carolina. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Charleston Development Acdemy financially healthy?

Based on our 9-metric Financial Health Score model, Charleston Development Acdemy has a score of 70/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Charleston Development Acdemy generate?

Charleston Development Acdemy reports $2.6M in annual revenue and holds $1.5M in total assets, based on IRS filings.

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