Innovations Public Charter School Foundation

Analysis

Innovations Public Charter School Foundation is a registered charity in United States, based in Kailua Kona, HI. It received its IRS tax-exemption ruling in August 2005, 21 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 June 2024, Innovations Public Charter School Foundation reported income of $668k and spending of $364k, leaving 46% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $533k to $668k (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Innovations Public Charter School Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within HI. Charities of a similar size with the same main cause include Parent Engagement Academy ($668k), Akili Christian High School Inc ($668k) and Zobel Associates ($668k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 14% and program service revenue 72% of the total. At year end it held assets of $7.8m against liabilities of $3.8m, net assets of $4.0m.