Forest Charter School

Analysis

Forest Charter School is a registered charity in United States, based in Nevada City, CA. It received its IRS tax-exemption ruling in January 2014, 12 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, Forest Charter School reported income of $10.3m and spending of $10.3m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.8m to $10.3m (+32%), an average of +7.3% a year. 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, Forest Charter School sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Miami Valley Christian Academy ($10.3m), Forsyth School Inc ($10.3m) and French Camp Academy ($10.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $506k (4.9% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $6.0m against liabilities of $3.7m, net assets of $2.3m. It reported 100 employees.