Manzanita Public Charter School

Analysis

Manzanita Public Charter School is a registered charity in United States, based in Lompoc, CA. It received its IRS tax-exemption ruling in November 2009, 17 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, Manzanita Public Charter School reported income of $7.5m and spending of $6.5m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.0m to $7.5m (+49%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 19%. 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, Manzanita Public Charter School sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Knowledgeworks Foundation ($7.5m), Restore Education ($7.5m) and Quest Forward Academy Inc ($7.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $60k (0.9% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $5.0m against liabilities of $1.7m, net assets of $3.3m. It reported 68 employees.