Method Schools

Analysis

Method Schools is a registered charity in United States, based in Temecula, CA. It received its IRS tax-exemption ruling in June 2021, 5 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, Method Schools reported income of $12.2m and spending of $10.5m, spending 86% of its income. Across the 6 years on record, from June 2018 to June 2023, income grew from $5.8m to $12.2m (+109%), an average of +16% a year. The sharpest change came in the year to June 2020, when income rose by 167%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Method Schools sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Success for All Foundation Inc ($12.2m), Ravenswood Education Foundation ($12.2m) and Democracy Prep Agassi Campus ($12.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $771k (7.4% of expenses). Other salaries and wages came to $6.1m. At year end it held assets of $30.2m against liabilities of $5.4m, net assets of $24.8m. It reported 149 employees.