Charthouse Public Schools

Analysis

Charthouse Public Schools is a registered charity in United States, based in Walnut Creek, CA. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Charthouse Public Schools reported income of $5.8m and spending of $7.3m, spending 127% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.1m to $5.8m (+13%), an average of +3.0% a year. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Charthouse Public Schools sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Arbor Montessori School Inc ($5.7m), Lincoln Park Academy Inc ($5.8m) and Woodland Presbyterian School ($5.7m).

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 $312k (4.3% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $58.3m against liabilities of $38.6m, net assets of $19.6m. It reported 72 employees.