Citizens of the World Charter Schools - Los Angeles

Analysis

Citizens of the World Charter Schools - Los Angeles is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 2012, 14 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, Citizens of the World Charter Schools - Los Angeles reported income of $47.3m and spending of $46.9m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $23.6m to $47.3m (+100%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 99% 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 - Los Angeles sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Crescent Valley Public Charter ($47.2m), California Western School of Law ($47.3m) and Eden II School for Autistic Childern Inc ($47.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $278k (0.6% of expenses). Other salaries and wages came to $21.8m. At year end it held assets of $78.3m against liabilities of $73.8m, net assets of $4.5m. It reported 566 employees.