Wakullas Charter School of Arts and Technology Inc

Analysis

Wakullas Charter School of Arts and Technology Inc is a registered charity in United States, based in Saint Marks, FL. It received its IRS tax-exemption ruling in August 1999, 27 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, Wakullas Charter School of Arts and Technology Inc reported income of $1.9m and spending of $1.8m, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.4m to $1.9m (+40%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wakullas Charter School of Arts and Technology Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Eastern Child Development Center ($1.9m), Chesterton Academy of the Holy Family NFP Incorporated ($1.9m) and Environmental Leadership Program ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $76k (4.2% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.4m against liabilities of $98k, net assets of $1.3m. It reported 31 employees.