Citizens of the World Charter Schools

Analysis

Citizens of the World Charter Schools is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Citizens of the World Charter Schools reported income of $2.0m and spending of $2.4m, spending 122% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.2m to $2.0m (-9.6%), an average of -2.5% a year. The sharpest change came in the year to June 2020, when income rose by 74%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Citizens of the World Charter Schools sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Community Venture Foundation ($2.0m), Academy of Interactive Entertainment ($2.0m) and Mattingly Edge Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $807k (33% of expenses). Other salaries and wages came to $1,276. At year end it held assets of $1.1m against liabilities of $669k, net assets of $406k. It reported 9 employees.