Alternative Schools Inc

Analysis

Alternative Schools Inc is a registered charity in United States, based in Woodland HLS, CA. It received its IRS tax-exemption ruling in November 2006, 20 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, Alternative Schools Inc reported income of $9.2m and spending of $9.2m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $12.3m to $9.2m (-25%), an average of -7.0% a year. The sharpest change came in the year to June 2020, when income dropped by 40%. 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, Alternative Schools Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Pinellas County Education Foundation Inc ($9.2m), Redding School of the Arts ($9.2m) and Global Brigades Inc ($9.2m).

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 $223k (2.4% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $34.7m against liabilities of $28.9m, net assets of $5.8m. It reported 79 employees.