Pacoima Charter School

Analysis

Pacoima Charter School is a registered charity in United States, based in Pacoima, CA. It received its IRS tax-exemption ruling in October 2014, 12 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, Pacoima Charter School reported income of $23.7m and spending of $20.4m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $17.9m to $23.7m (+32%), an average of +7.2% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pacoima Charter School sits at the 97th 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 98th percentile within CA. Charities of a similar size with the same main cause include PWC Foundation Inc ($23.7m), Pacific Oaks Education Corporation ($23.7m) and Norwood School Inc ($23.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $1.3m (6.5% of expenses). Other salaries and wages came to $10.9m. At year end it held assets of $36.8m against liabilities of $7.8m, net assets of $28.9m. It reported 212 employees.