San Carlos Charter Learning Center

Analysis

San Carlos Charter Learning Center is a registered charity in United States, based in San Carlos, CA. It received its IRS tax-exemption ruling in August 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, San Carlos Charter Learning Center reported income of $6.0m and spending of $5.9m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.2m to $6.0m (+15%), an average of +3.5% a year. 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, San Carlos Charter Learning Center sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Pathfinder Manufacturing ($6.0m), Global Glimpse ($6.0m) and Thomas More College of Liberal Arts Incorporated ($6.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $338k (5.8% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $5.7m against liabilities of $3.8m, net assets of $1.9m. It reported 68 employees.