Partnership Schools of the Central Coast

Analysis

Partnership Schools of the Central Coast is a registered charity in United States, based in Santa Maria, CA. It received its IRS tax-exemption ruling in December 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Partnership Schools of the Central Coast reported income of $5.2m and spending of $5.0m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.8m to $5.2m (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2020, when income rose by 20%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Partnership Schools of the Central Coast sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Minga Education Group ($5.2m), Jicuf Endowmentinc ($5.2m) and Voyage Academy ($5.2m).

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 $102k (2.1% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $3.1m against liabilities of $1.2m, net assets of $2.0m. It reported 48 employees.