Ascend Charter Schools
205 Rockaway Parkway 6th Floor, Brooklyn, NY · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $137,643,531 | $138,881,621 | $22,046,529 |
| FY2024 | $139,253,884 | $139,042,900 | $14,131,760 |
| FY2023 | $147,524,318 | $145,945,520 | $13,920,776 |
| FY2022 | $137,441,682 | $135,665,583 | $10,232,995 |
| FY2021 | $130,071,368 | $116,547,501 | $8,456,896 |
| FY2020 | $117,818,252 | $120,979,969 | -$5,066,971 |
| FY2019 | $103,657,162 | $104,141,889 | -$1,398,138 |
| FY2018 | $85,211,791 | $85,954,647 | -$913,411 |
| FY2017 | $71,873,396 | $71,183,128 | -$427,913 |
| FY2016 | $7,104,503 | $6,908,187 | -$628,258 |
| FY2015 | $4,459,705 | $4,715,797 | -$824,574 |
| FY2014 | $3,575,343 | $4,082,224 | -$568,482 |
| FY2013 | $100,078 | $145,811 | -$61,601 |
Form 990 filings
The returns filed by Ascend Charter Schools (EIN 45-3957158), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $9,224,292 | 7% |
| Program service revenue | $126,995,035 | 92% |
| Other revenue | $1,424,204 | 1% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $115,284,502 | 83% |
| Management & general | $23,597,119 | 17% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 92% of total revenue in FY2025.
- Program services accounted for 83% of functional expenses, management & general 17%, and fundraising 0%.
- 83% of functional expenses went to program services in FY2025. That is higher than 37.1% of 412 Education organizations in NY.
- Net assets covered about 1.9 months of expenses at the end of the reporting year. That puts it in the 13th percentile among 4118 Education organizations in NY.
- Total revenue was higher than 98.3% of 4244 Education organizations in NY.
- Total revenue rose from $100,078 in FY2013 to $137,643,531 in FY2025. Revenue increased in 10 and decreased in 2 of 12 year-over-year comparisons.
- Expenses exceeded revenue in 7 of 13 reported years (FY2013, FY2014, FY2015, FY2018, FY2019, FY2020, FY2025).
- The highest revenue on record here is $147,524,318 in FY2023.
- Net assets grew from -$61,601 to $22,046,529 between FY2013 and FY2025.
- Contributions and grants made up 100% of revenue in FY2013 and 7% in FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO EQUIP EVERY STUDENT WITH THE KNOWLEDGE, CONFIDENCE, AND CHARACTER TO SUCCEED IN COLLEGE AND BEYOND.
IRS status
| Ruling year | 2014 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B29 — Education (in NY) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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