Tierra Pacifica Charter School

Analysis

Tierra Pacifica Charter School is a registered charity in United States, based in Santa Cruz, CA. It received its IRS tax-exemption ruling in August 2003, 23 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, Tierra Pacifica Charter School reported income of $2.1m and spending of $2.0m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.1m (+29%), an average of +6.6% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tierra Pacifica Charter School sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Thistle Waithe Learning Center Inc ($2.1m), American Association of School Personnel Administrators ($2.1m) and Academia de Les Lletres I Belles Arts ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $288k (14% of expenses). Other salaries and wages came to $958k. At year end it held assets of $2.4m against liabilities of $366k, net assets of $2.0m. It reported 51 employees.