Laurel Tree Charter School

Analysis

Laurel Tree Charter School is a registered charity in United States, based in Arcata, CA. It received its IRS tax-exemption ruling in June 2013, 13 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, Laurel Tree Charter School reported income of $2.8m and spending of $2.8m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $2.8m (+69%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 40%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Laurel Tree Charter School sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Nus America Foundation Inc ($2.8m), Chattanooga-Hamilton County Public Education Fund ($2.8m) and Stuart Hall School Foundation ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $119k (4.3% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $1.7m against liabilities of $870k, net assets of $795k. It reported 63 employees.