Truckee Charter School Foundation

Analysis

Truckee Charter School Foundation is a registered charity in United States, based in Truckee, CA. It received its IRS tax-exemption ruling in September 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, Truckee Charter School Foundation reported income of $2.7m and spending of $2.8m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $2.7m (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Truckee Charter School Foundation 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 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Aquinas Catholic Schools Foundation Inc ($2.7m), Freire Foundation ($2.7m) and Mississippi Association of Independent Schools Inc ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $141k (5.1% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $2.0m against liabilities of $378k, net assets of $1.6m. It reported 48 employees.