Asa Charter School

Analysis

Asa Charter School is a registered charity in United States, based in SN Bernrdno, CA. It received its IRS tax-exemption ruling in February 2007, 19 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, Asa Charter School reported income of $6.0m and spending of $5.4m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.1m to $6.0m (+93%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Asa Charter School 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 Sojourner Truth School ($6.0m), Montessori Network ($6.0m) and Houston Classical Inc ($6.0m).

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 $109k (2.0% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $7.3m against liabilities of $3.7m, net assets of $3.6m. It reported 63 employees.