Hawking Steam Charter Schools Inc

Analysis

Hawking Steam Charter Schools Inc is a registered charity in United States, based in Chula Vista, CA. It received its IRS tax-exemption ruling in July 2015, 11 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, Hawking Steam Charter Schools Inc reported income of $23.5m and spending of $18.6m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.8m to $23.5m (+117%), an average of +21% a year. The sharpest change came in the year to June 2020, when income rose by 35%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hawking Steam Charter Schools Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Fisher College ($23.4m), Hutchison School ($23.5m) and New Designs Charter School ($23.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $196k (1.1% of expenses). Other salaries and wages came to $9.2m. At year end it held assets of $68.2m against liabilities of $50.6m, net assets of $17.6m. It reported 229 employees.