Ipakanni Early College Charter School

Analysis

Ipakanni Early College Charter School is a registered charity in United States, based in Oroville, CA. It received its IRS tax-exemption ruling in March 2011, 15 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 2022, Ipakanni Early College Charter School reported income of $1.6m and spending of $1.2m, leaving 29% of income unspent that year. Across the 4 years on record, from June 2019 to June 2022, income grew from $833k to $1.6m (+95%), an average of +25% a year. The sharpest change came in the year to June 2022, when income rose by 48%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ipakanni Early College Charter School sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Faculty Clinic Inc ($1.6m), St Georges Independent Schools Foundation ($1.6m) and Faith Christian School ($1.6m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $122k (11% of expenses). Other salaries and wages came to $378k. At year end it held assets of $866k against liabilities of $75k, net assets of $791k. It reported 17 employees.