Greenwood Charter School

Analysis

Greenwood Charter School is a registered charity in United States, based in Ogden, UT. It received its IRS tax-exemption ruling in December 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, Greenwood Charter School reported income of $4.3m and spending of $4.4m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.2m to $4.3m (+37%), an average of +8.3% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Greenwood Charter School sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within UT. Charities of a similar size with the same main cause include Santa Reparata International School of Art ($4.3m), Fitchburg State University Foundation Inc ($4.3m) and Real Salt Lake Academy High School ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $103k (2.4% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $9.8m against liabilities of $8.5m, net assets of $1.3m. It reported 120 employees.