Liberty Charter School
Analysis
Liberty Charter School is a registered charity in United States, based in Madera, CA. It received its IRS tax-exemption ruling in September 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, Liberty Charter School reported income of $13.1m and spending of $11.3m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.1m to $13.1m (+43%), an average of +9.4% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 86% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Liberty Charter School sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Global Leadership Academy Charter School ($13.0m), Durhams Partnership for Children ($13.1m) and Uncommon Thread ($13.0m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $280k (2.5% of expenses). Other salaries and wages came to $5.4m. At year end it held assets of $14.6m against liabilities of $4.6m, net assets of $10.0m. It reported 105 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Program services 1.3%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Global Leadership Academy Charter School | Philadelphia | $13.0m |
| Durhams Partnership for Children | Durham | $13.1m |
| Uncommon Thread | Stirling | $13.0m |
| Center for Caregiver Advancement | Los Angeles | $13.1m |