Arco Iris Spanish Immersion Charter School

Analysis

Arco Iris Spanish Immersion Charter School is a registered charity in United States, based in Beaverton, OR. It received its IRS tax-exemption ruling in June 2010, 16 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, Arco Iris Spanish Immersion Charter School reported income of $4.7m and spending of $4.9m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $4.7m (+64%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arco Iris Spanish Immersion Charter School 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 OR. Charities of a similar size with the same main cause include Renaissance Secondary School ($4.7m), Loyola Academy of St Louis ($4.7m) and Visible Music College ($4.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 7.5% of the total. Compensation of current officers, directors and key employees was $101k (2.1% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $14.5m against liabilities of $14.7m, net assets of -$172k. It reported 49 employees.