Charter Schools in the US - Industry Market Research Report

Grade A: Industry Revenue is Expected to Rise as the Urban Population Increases

Charter schools offer primary- and secondary-level education funded by public sources but are more flexible in curriculum design and implementation than traditional public schools. Charter schools receive most of their funding from federal, state and local governments so revenue can fluctuate significantly based on budgetary decisions. However, many charter schools are funded on a per-pupil basis, enabling schools to increase enrollment without worrying about financial support. As a result of explosive growth in charter school interest and enrollment, Charter Schools industry revenue is anticipated to grow at an annualized rate of 3.3% over the five years to 2023, reaching $53.0 billion, including a 3.8% increase in 2023 alone.

Charter schools offer primary or secondary education, but are subject to fewer rules, regulations and statutes than traditional public schools. They receive less public funding than traditional public schools, typically a fixed amount per pupil. Their students are still required to take state-mandated exams. Charter schools are nonprofit entities and can receive donations from private sources.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.