Ypi Charter Schools Inc

Analysis

Ypi Charter Schools Inc is a registered charity in United States, based in Granada Hills, CA. It received its IRS tax-exemption ruling in July 2004, 22 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, Ypi Charter Schools Inc reported income of $17.9m and spending of $17.9m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $22.8m to $17.9m (-22%), an average of -5.9% a year. The sharpest change came in the year to June 2020, when income dropped by 41%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ypi Charter Schools Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Cornerstone Charter Academy Inc ($17.9m), Jackson State University Development Foundation Inc ($17.9m) and Capitol Technology University ($17.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $509k (2.8% of expenses). Other salaries and wages came to $7.5m. At year end it held assets of $41.6m against liabilities of $15.5m, net assets of $26.0m. It reported 149 employees.