Crater Lake Charter Academy LLC

Analysis

Crater Lake Charter Academy LLC is a registered charity in United States, based in Eagle Point, OR. It received its IRS tax-exemption ruling in April 2020, 6 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, Crater Lake Charter Academy LLC reported income of $3.6m and spending of $3.5m, spending 95% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $3.0m to $3.6m (+23%), an average of +11% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Crater Lake Charter Academy LLC 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 OR. Charities of a similar size with the same main cause include East Hollywood High School Inc ($3.6m), The Biome ($3.6m) and Deans for Impact ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $205k (5.9% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $3.3m against liabilities of $3.4m, net assets of -$68k. It reported 40 employees.