BEducationEIN: 861105534

Charter School of New Castle INC

Hst Newcastle, Delaware

BHealth Score
56B

Financial Health Score

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

Above Average

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-1.02×
Peer Median9.48×
💰
$14.9M
Total Revenue
📊
$14.6M
Total Expenses
🏦
-$14.9M
Net Assets
📋
$28.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+8.8%
Year-over-year change (2022 → 2023)
Net Margin
+2.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
-1.02
Net assets divided by total expenses
Liabilities-to-Assets
209.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$14,898,8259%$14,599,35463%$13,691,50122%
2022$13,690,38222%$8,983,36420%$17,629,95157%
2021$11,266,0406%$11,264,266$11,244,90458%
2020$10,632,7352%$11,225,0511%$7,127,30718%
2019$10,826,29414%$11,394,7797%$6,032,39615%
2018$9,513,3121%$10,656,5763%$7,114,2347%
2017$9,568,3415%$10,375,50515%$6,661,55011%
2016$9,148,906$9,025,064$5,986,3621%
2015$9,141,001$9,067,3446%$5,951,0273%
2014$9,150,27614%$8,547,87111%$6,130,89110%
2013$8,048,43810%$7,708,23111%$5,562,5526%
2012$7,331,06130%$6,971,52226%$5,268,6525%
2011$5,653,646$5,550,488$5,033,743

Frequently Asked Questions

What does Charter School of New Castle INC do?

Charter School of New Castle INC is a education nonprofit organization based in Delaware. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Charter School of New Castle INC financially healthy?

Based on our 9-metric Financial Health Score model, Charter School of New Castle INC has a score of 56/100 (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 Charter School of New Castle INC generate?

Charter School of New Castle INC reports $15.4M in annual revenue and holds $14.8M in total assets, based on IRS filings.

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