Charter School of Morgan Hill Foundation

Analysis

Charter School of Morgan Hill Foundation is a registered charity in United States, based in Morgan Hill, CA. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Charter School of Morgan Hill Foundation reported income of $660k and spending of $407k, leaving 38% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $511k to $660k (+29%), an average of +6.6% a year. The sharpest change came in the year to June 2022, when income rose by 63%. Over the whole period it spent 57% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Charter School of Morgan Hill Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include New Harvest Christian Schools ($660k), Friends of Lubavitch Inc ($660k) and Kaleidoscope Kids Childcare Center Inc ($660k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% of the total. Compensation of current officers, directors and key employees was $8,614 (2.1% of expenses). At year end it held assets of $2.4m against liabilities of $82k, net assets of $2.3m.