Novato Charter School

Analysis

Novato Charter School is a registered charity in United States, based in Novato, CA. It received its IRS tax-exemption ruling in August 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, Novato Charter School reported income of $3.5m and spending of $3.3m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.6m to $3.5m (+36%), an average of +8.0% a year. 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, Novato Charter School sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Yeshivat Yagdil Torah Inc ($3.5m), Cochise College Foundation ($3.5m) and Book Trust ($3.5m).

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 $127k (3.9% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $2.0m against liabilities of $463k, net assets of $1.5m. It reported 46 employees.