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Filing year 2023

INDEPENDENCE CHARTER SCHOOL

Philadelphia, Pennsylvania·EIN 23-3060261·NTEE B29 · Education·501(c)(3)
Total revenue
$19M
Total assets
$26.6M
Total expenses
$20.6M
Reported officers
15
Mission

THE PRIMARY MISSION OF INDEPENDENCE CHARTER SCHOOL IS TO PROVIDE ANINTELLECTUALLY STIMULATING CURRICULUM WITH AN INTERNATIONAL FOCUS,EMPHASIZING THE ARTS, LANGUAGES, IDEAS, AND HISTORIES, FROM AN ARRAY OFCULTURES FROM AROUND THE WORLD. TO MEET ITS GOALS, THE SCHOOL DRAWSHEAVILY ON THE RESOURCES AVAILABLE IN PHILADELPHIA - THE MUSEUMS,HISTORIC LANDMARKS, BUSINESSES, SCHOOLS, PARKS, AND COMMUNITIES, ANDFAMILIES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Pennsylvania.

CEO
75th to 90th percentile
$233k
$260k
Base
$169k
Bonus
Other
Benefits
$7k
Principal
Officer (Unspecified)
$202k
$226k
Base
$136k
Bonus
Other
Benefits
$20k
Director of Ops
Director (Operational)
75th to 90th percentile
$163k
$182k
Base
$107k
Bonus
Other
Benefits
$20k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 12 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at INDEPENDENCE CHARTER SCHOOL equaled 1% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
1%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 6%
from 2022

From $221k in 2022 to $233k in 2023.

$221k
2022
$233k
2023
In today's dollarsEst.
Up 1% in real terms$257k to $260k

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 6% from 2022 to 2023, while revenue rose 11%.

$221k in 2022 to $233k in 2023.
  • Director (Operational) pay rose 4% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about INDEPENDENCE CHARTER SCHOOL

What does the Chief Executive Officer of INDEPENDENCE CHARTER SCHOOL earn?

In 2023, the Chief Executive Officer of INDEPENDENCE CHARTER SCHOOL received $233,493 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in Pennsylvania, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at INDEPENDENCE CHARTER SCHOOL compare with similar nonprofits?

Compared with the same role at Education organizations in Pennsylvania, the 2023 pay of the Chief Executive Officer at INDEPENDENCE CHARTER SCHOOL falls between the 75th and 90th percentiles. In 2023, the highest total compensation at INDEPENDENCE CHARTER SCHOOL equaled 1% of the organization's total expenses. The median for education organizations is 7%.

What are INDEPENDENCE CHARTER SCHOOL's revenue and expenses?

In 2023, INDEPENDENCE CHARTER SCHOOL reported $19M in total revenue and $20.6M in total expenses on its IRS Form 990.

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