Northshore Charter Schools Inc

Analysis

Northshore Charter Schools Inc is a registered charity in United States, based in Bogalusa, LA. 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 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, Northshore Charter Schools Inc reported income of $7.2m and spending of $7.3m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.9m to $7.2m (+22%), an average of +5.1% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northshore Charter Schools Inc 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 LA. Charities of a similar size with the same main cause include Westbury Christian School ($7.2m), University of California Merced Foundation ($7.2m) and Jesuit College Preparatory School of Dallas Foundation Inc ($7.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $128k (1.8% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $3.8m against liabilities of $1.7m, net assets of $2.1m. It reported 101 employees.