Coastal Grove Charter School

Analysis

Coastal Grove Charter School is a registered charity in United States, based in Arcata, CA. It received its IRS tax-exemption ruling in March 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 2024, Coastal Grove Charter School reported income of $3.7m and spending of $3.9m, spending 106% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.5m to $3.7m (+49%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 38%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Coastal Grove Charter School sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Kaleidoscope School ($3.7m), Roscco Stamford School Community Organization Inc ($3.7m) and International Technological University Foundation ($3.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $137k (3.5% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $616k against liabilities of $161k, net assets of $455k. It reported 40 employees.