Grow Public Schools

Analysis

Grow Public Schools is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in December 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 2023, Grow Public Schools reported income of $32.2m and spending of $31.7m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $18.3m to $32.2m (+76%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grow Public Schools sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include William Woods University ($32.2m), Results for America ($32.3m) and Perspectives Charter School ($32.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $1.1m (3.5% of expenses). Other salaries and wages came to $15.4m. At year end it held assets of $49.6m against liabilities of $29.6m, net assets of $20.0m. It reported 426 employees.