Averroes High School

Analysis

Averroes High School is a registered charity in United States, based in Fremont, CA. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Averroes High School reported income of $1.3m and spending of $1.4m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.3m (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2022, when income rose by 41%. 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, Averroes High School sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Woodlawn Community Academy Inc ($1.3m), Pathways Academy for Special Education ($1.3m) and Alabama STEM Education Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $73k (5.4% of expenses). Other salaries and wages came to $638k. At year end it held assets of $146k against liabilities of $17k, net assets of $128k. It reported 23 employees.