Sherwood Charter School

Analysis

Sherwood Charter School is a registered charity in United States, based in Sherwood, OR. It received its IRS tax-exemption ruling in January 2009, 17 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, Sherwood Charter School reported income of $2.4m and spending of $2.2m, spending 90% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.6m to $2.4m (+46%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sherwood Charter School sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within OR. Charities of a similar size with the same main cause include Hearts Foundation Inc ($2.4m), Association of Prosecuting Attorneys Inc ($2.4m) and Talmud Torah Yesodei Hatorah Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $142k (6.6% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $1.9m against liabilities of $1.9m, net assets of -$50k. It reported 30 employees.