Alder Grove Charter School

Analysis

Alder Grove Charter School is a registered charity in United States, based in Eureka, CA. It received its IRS tax-exemption ruling in August 2011, 15 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, Alder Grove Charter School reported income of $6.8m and spending of $6.4m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.3m to $6.8m (+27%), an average of +6.1% a year. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alder Grove Charter 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 West Texas Matador Club Inc ($6.8m), Student Assistance Foundation for Education ($6.8m) and QM Quality Matters ($6.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $154k (2.4% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $10.5m against liabilities of $3.3m, net assets of $7.2m. It reported 82 employees.