Westlake Charter School

Analysis

Westlake Charter School is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in February 2008, 18 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, Westlake Charter School reported income of $16.9m and spending of $15.1m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.6m to $16.9m (+76%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Westlake Charter School sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include California Virtual Academy at Maricopa ($16.9m), Impact Charter School West ($16.9m) and High Point Academy Inc ($16.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $660k (4.4% of expenses). Other salaries and wages came to $7.8m. At year end it held assets of $14.4m against liabilities of $1.3m, net assets of $13.0m. It reported 201 employees.