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New Jersey · Nonprofit

PHILIPS ACADEMY CHARTER SCHOOL OF PATERSON

PHILIPS ACADEMY CHARTER SCHOOL OF PATERSON (New Jersey) receives grants from 7 organizations whose IRS filings report $2,575,919 to it, the largest being NEW JERSEY PUBLIC CHARTER SCHOOLS ASSOCIATION A NJ NON PROFIT CORPORATION ($1,465,732). 4 of them have funded it in more than one year.

Revenue FY2025
$17M
Funders on record
7
Grants received
$2.6M
Net assets
$1.5M
4/7 repeat funderspeak grant-dependency 28%
01What it does

What Philips Academy Charter School of Paterson does

Mission

We will provide a moral and rigorous education, accomplished in a hands-on, technology infused educational environment that will allow our students to attend college, while developing a commitment to global citizenship, environmental sustainability, and personal virtue.

As stated on its FY2025 Form 990.

Program

  1. We will provide a moral and rigorous education to a diverse student body, accomplished in a hands-on, technology infused educational environment that embraces differentiated instruction and individual attention that will allow our students to attend college, while developing a commitment to global citizenship, environmental sustainability, and personal virtue.

    $15,821,231 spent$17,350,411 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $15,821,231.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.6M) Expenses 100 ($1.5M) Net assets 100 ($56k)2018 Revenue 133 ($2.1M) Expenses 140 ($2.1M) Net assets 37 ($21k)2019 Revenue 194 ($3.1M) Expenses 200 ($3.1M) Net assets 63 ($36k)2020 Revenue 309 ($4.9M) Expenses 260 ($4.0M) Net assets 1690 ($954k)2021 Revenue 433 ($6.9M) Expenses 379 ($5.8M) Net assets 3581 ($2.0M)2022 Revenue 646 ($10M) Expenses 679 ($10M) Net assets 3349 ($1.9M)2023 Revenue 807 ($13M) Expenses 794 ($12M) Net assets 4502 ($2.5M)2024 Revenue 973 ($15M) Expenses 1050 ($16M) Net assets 3385 ($1.9M)2025 Revenue 1097 ($17M) Expenses 1161 ($18M) Net assets 2742 ($1.5M)
'17'18'19'20'21'22'23'24'25
Revenue (1097)Expenses (1161)Net assets (2742)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $366k to $1.8M (+400%).

$372k
$236k
$366k
$1.8M
$2.3M
$1.9M
$2.6M
$2.1M
$1.9M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 62% · 2018 92% · 2019 94% · 2020 97% · 2021 97% · 2022 96% · 2023 99% · 2024 100% · 2025 98%. Grants only. Government contracts and fees sit inside program revenue.

100% of PHILIPS ACADEMY CHARTER SCHOOL OF PATERSON’s revenue is contributions — more reliant on donations than three-quarters of its peers (23% for the typical peer).

This organization
Typical peer · 4,251 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

$56k
’17
−$36k
’18
$15k
’19
$918k
’20
$1.1M
’21
−$131k
’22
$651k
’23
−$630k
’24
−$363k
’25
1.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24'25
Listed8778810888
Joined·+2+2+6+1+5+1+0+1
No longer listed·32513301
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 4 funders, grant income rose $448k → $586k.

5 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 7% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of PHILIPS ACADEMY CHARTER SCHOOL OF PATERSON’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

PHILIPS ACADEMY CHARTER SCHOOL OF PATERSON leans on a few funders — its largest provides 57% of grant income and the top three 96%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund PHILIPS ACADEMY CHARTER SCHOOL OF PATERSON.

57%
largest funder
96%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 100% · 2021 100% · 2022 100% · 2023 89% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of PHILIPS ACADEMY CHARTER SCHOOL OF PATERSON's grant income comes from New Jersey funders.

NJ

In-state vs out-of-state, by year

’17
’18
’19
’22
’23
New Jersey out of state home

Funder states come from each funder’s own filing. $179k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

PHILIPS ACADEMY CHARTER SCHOOL OF PATERSON has grown faster than three-quarters of the 3,758 education nonprofits its size.

Operating margin−2% · bottom quartile
Months of reserve1.0mo · bottom quartile
Revenue growth (annualized)35% · top quartile

this organization peer median middle 50% of peers· 3,758 education nonprofits $10M–$100M, FY2025

Organizations like PHILIPS ACADEMY CHARTER SCHOOL OF PATERSON

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New Jersey

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

89% of spending goes to programs.

Program 89%Management 11%Fundraising 0%

Governance

8
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

NJ

Screen this organization

A dated, signed PDF of the compliance screen for PHILIPS ACADEMY CHARTER SCHOOL OF PATERSON: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds PHILIPS ACADEMY CHARTER SCHOOL OF PATERSON?
PHILIPS ACADEMY CHARTER SCHOOL OF PATERSON (New Jersey) receives grants from 7 organizations whose IRS filings report $2,575,919 to it, the largest being NEW JERSEY PUBLIC CHARTER SCHOOLS ASSOCIATION A NJ NON PROFIT CORPORATION ($1,465,732). 4 of them have funded it in more than one year.
How many funders does PHILIPS ACADEMY CHARTER SCHOOL OF PATERSON have?
IRS filings report 7 organizations giving $2,575,919 in grants to PHILIPS ACADEMY CHARTER SCHOOL OF PATERSON, 4 of which have funded it in more than one year.
Who is the largest funder of PHILIPS ACADEMY CHARTER SCHOOL OF PATERSON?
NEW JERSEY PUBLIC CHARTER SCHOOLS ASSOCIATION A NJ NON PROFIT CORPORATION is the largest funder on record, with $1,465,732 in grants. The full list of funders is on this page.
How can an organization like PHILIPS ACADEMY CHARTER SCHOOL OF PATERSON find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New Jersey. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Philips Academy Charter School of Paterson →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing