Our Results in 2024

We monitor portfolio network performance across several domains including growth, academic performance, financial sustainability, and demographics.

If the CSGF portfolio were considered a single school district, it would be the nation’s second largest.

The CSGF portfolio serves a comparable percentage of students from socio-economically disadvantaged backgrounds.

Bar chart comparing percentages of Latino & Black students and socio-economically disadvantaged background students served at New York City Public Schools, Charter School Growth Fund, and Los Angeles Unified School District
Latino & Black students
Students from socio-economically disadvantaged backgrounds

Based on publicly available enrollment data for the 2023-24 school year.

725k

students

Students Served

The charter schools to which CSGF has provided growth capital served 725,000+ students in 2023-24, 73% of whom are from socio-economically disadvantaged backgrounds.

61

new schools

New School Openings

CSGF portfolio networks opened 61 new schools and served 60,000 more students in 2023-24 than in 2022-23.

22k

additional students

New Capacity

In 2024, CSGF made commitments that will enable high-performing charter networks to serve nearly ~22,000 additional students every year going forward. Commitments made since the start of Fund IV will enable portfolio networks to serve ~147,000 additional students in total.

We believe all students, especially those from underserved backgrounds, deserve access to a high-quality education to realize their full potential.

Absolute proficiency rates across the CSGF portfolio, 2023-24

Two bar charts showing absolute proficiency rates across the CSGF portfolio from 2023 through 2024

Above are the states with the most CSGF portfolio students. Data for the share of students who are socio-economically disadvantaged, where available, is based on the definition used by each state (e.g., percentage of students eligible for Free or Reduced Lunch).

Our portfolio outperforms other schools that serve students of similar demographics.

Comparison of academic performance across school types using our Similar Schools Model, 2023-24

Bar chart comparing ELA performance across school types using CSGF's Similar Schools Model from 2023 through 2024
Bar chart comparing math performance across school types using CSGF's Similar Schools Model from 2023 through 2024

This chart uses our to understand how schools perform relative to other schools that serve similar demographics.

~50%

CSGF schools

Performance Relative to All Schools

Roughly half of CSGF-supported elementary and middle schools had a higher proficiency rate than the average school in their states.

84%

matriculation

Post-Secondary Program Matriculation

84% of graduates of CSGF-supported high schools matriculated to college, a credential program, or the military in 2023.

66%

portfolio networks

Financial Health

Approximately two-thirds of portfolio networks had at least 60 days of cash on hand in 2023-24; their average level of financial security was 118 days of cash.

83%

fully built-out schools

Financial Sustainability

83% of fully built-out schools (those that are no longer adding new grades or sections) can be sustained on public funding with limited philanthropy.

63%

leaders of color

46%

female leaders

Leadership Diversity

63% of the organizations in which CSGF made a new investment since the start of Fund IV are led by a person of color, and 46% of those organizations are led by women.

64%

schools

Presence in Regions with Few Charter Schools

64% of CSGF portfolio schools are outside the 20 districts in which charter schools serve the highest numbers and rates of students (e.g., New Orleans and D.C). Many are in places like Dallas, Nashville, and Oklahoma City, where opportunity gaps are wide and there are few charter schools.

1,500

attendees

100%

satisfaction

Peer Learning and Strategic Advising Reach

Over 1,500 leaders and industry experts attended 30 convenings focused on policy, advocacy, enrollment, leadership and other functional areas in 2023. 100% of convening attendees say they would recommend CSGF convenings to others.