Lake County International Charter School

Analysis

Lake County International Charter School is a registered charity in United States, based in Middletown, CA. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lake County International Charter School reported income of $1.2m and spending of $1.0m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $970k to $1.2m (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lake County International Charter School sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include LA Crescent Montessori & STEM School ($1.2m), Bronco Foundation ($1.2m) and Vela Institute Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $88k (8.6% of expenses). Other salaries and wages came to $479k. At year end it held assets of $2.0m against liabilities of $676k, net assets of $1.3m. It reported 22 employees.