Our Community School

Analysis

Our Community School is a registered charity in United States, based in Chatsworth, CA. It received its IRS tax-exemption ruling in November 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, Our Community School reported income of $6.5m and spending of $6.6m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.8m to $6.5m (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Our Community School sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Academy for Science and Design Charter School ($6.5m), HTH Learning ($6.5m) and Florida Polytechnic University Foundation Inc ($6.5m).

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 $108k (1.6% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $8.2m against liabilities of $4.0m, net assets of $4.2m. It reported 75 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.