Creekside Charter Management
Analysis
Creekside Charter Management is a registered charity in United States, based in Olympic Vly, CA. It received its IRS tax-exemption ruling in September 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, Creekside Charter Management reported income of $3.0m and spending of $2.8m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $3.0m (+55%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 58%. Over the whole period it spent 85% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Creekside Charter Management sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Liberty Christian School Inc ($3.0m), Focus Learning Academy of Southeastern Columbus ($3.0m) and Literacy Partners Inc ($3.0m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $195k (6.9% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $2.8m against liabilities of $571k, net assets of $2.2m. It reported 36 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 0.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Liberty Christian School Inc | Anderson | $3.0m |
| Focus Learning Academy of Southeastern Columbus | Columbus | $3.0m |
| Literacy Partners Inc | New York | $3.0m |
| Torah Education of America Inc | Lakewood | $3.0m |