Vibes Public Charter School

Analysis

Vibes Public Charter School is a registered charity in United States, based in Medford, OR. It received its IRS tax-exemption ruling in July 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, Vibes Public Charter School reported income of $7.5m and spending of $7.3m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $4.2m to $7.5m (+76%), an average of +21% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vibes Public Charter School 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 95th percentile within OR. Charities of a similar size with the same main cause include American Association for Physician Leadership Inc ($7.4m), Urban Charter Schools Collective ($7.5m) and Corporation for Effective Schooling ($7.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. At year end it held assets of $3.3m against liabilities of $3.1m, net assets of $195k.