East Mesa Charter Elementary School

Analysis

East Mesa Charter Elementary School is a registered charity in United States, based in Mesa, AZ. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, East Mesa Charter Elementary School reported income of $7.8m and spending of $7.4m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.6m to $7.8m (+39%), an average of +8.6% a year. The sharpest change came in the year to June 2022, when income rose by 16%. 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, East Mesa Charter Elementary School sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within AZ. Charities of a similar size with the same main cause include STEM Next Opportunity Fund ($7.8m), Providence Public Library ($7.8m) and F L Templeton Preparatory Academy Inc ($7.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $83k (1.1% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $13.1m against liabilities of $12.1m, net assets of $930k. It reported 89 employees.