Twelve studies find that overall gains in charter schools are larger than other public schools; four find charter schools’ gains higher in certain significant categories of schools; six find comparable gains; and, four find that charter schools’ overall gains lagged behind traditional schools.
Source: Charter School Achievement: What We Know, July 2005 Update
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Download: 
http://www.ecs.org/clearinghouse/54/25/5425.pdf
This guide explores the role of the state in converting chronically low-performing schools into charter schools, a strategy available to states under No Child Left Behind to address schools that miss AYP for five consecutive years. The challenges and benefits of closing a school and reopening as a charter school are explored. The author states that reopening as a charter school allows for the opportunity to enlist the interest and energy of the community in changing and improving a chronically underachieving school. Additional potential benefits of reopening a low-performing school as a charter school include new leadership, new decision-making approaches, new staff, new mission, new educational approaches, and a new culture. The state can play several roles in facilitating conversion, including: establishing criteria and process guidelines; creating an RFP process; and providing additional resources to school operators.
Date: 2004
Source: Education Commission of the States
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