Golden Eagle Charter School

Analysis

Golden Eagle Charter School is a registered charity in United States, based in Mount Shasta, CA. It received its IRS tax-exemption ruling in October 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, Golden Eagle Charter School reported income of $7.2m and spending of $7.5m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.0m to $7.2m (+21%), an average of +5.0% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Golden Eagle Charter School sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include University of California Merced Foundation ($7.2m), Modern School of Fashion and Design Inc ($7.2m) and Northshore Charter Schools Inc ($7.2m).

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 $160k (2.1% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $5.5m against liabilities of $2.5m, net assets of $3.0m. It reported 94 employees.