Growth Public Schools

Analysis

Growth Public Schools is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in July 2016, 10 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, Growth Public Schools reported income of $4.5m and spending of $4.5m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.6m to $4.5m (+75%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Growth Public Schools 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 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Pennsylvania Educational Communications Systems ($4.5m), Rio Grande Bible Institute Inc ($4.5m) and Gentry Academy ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $166k (3.7% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $6.2m against liabilities of $5.0m, net assets of $1.2m. It reported 41 employees.