Charter High School of Arts Association

Analysis

Charter High School of Arts Association is a registered charity in United States, based in Van Nuys, CA. It received its IRS tax-exemption ruling in July 2007, 19 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, Charter High School of Arts Association reported income of $9.8m and spending of $8.5m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $10.3m to $9.8m (-5.1%), an average of -1.3% a year. 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, Charter High School of Arts Association 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 Multicultural Learning Center ($9.8m), Roycemore School ($9.8m) and Texas Association of School Business Officials ($9.8m).

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 $138k (1.6% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $23.5m against liabilities of $20.0m, net assets of $3.6m. It reported 87 employees.