Idaho Science and Technology Charter School Inc

Analysis

Idaho Science and Technology Charter School Inc is a registered charity in United States, based in Blackfoot, ID. 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 2024, Idaho Science and Technology Charter School Inc reported income of $3.4m and spending of $3.5m, spending 101% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $4.2m to $3.4m (-18%), an average of -3.9% a year. The sharpest change came in the year to June 2020, when income dropped by 28%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Idaho Science and Technology Charter School Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within ID. Charities of a similar size with the same main cause include Oxford Academy Inc ($3.4m), Student Leadership Academy of Venice Inc ($3.4m) and North Hudson Academy Inc ($3.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $89k (2.6% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $5.9m against liabilities of $4.6m, net assets of $1.3m. It reported 59 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.