Eagle Charter School

Analysis

Eagle Charter School is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in August 2006, 20 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, Eagle Charter School reported income of $1.6m and spending of $1.6m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.6m (+40%), an average of +8.7% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Eagle Charter School sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within OR. Charities of a similar size with the same main cause include Edified Christian Prepatory Academy ($1.6m), Marshall Child Development Center Inc ($1.6m) and Action4equity ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 6.5% of the total. Compensation of current officers, directors and key employees was $173k (11% of expenses). Other salaries and wages came to $710k. At year end it held assets of $426k against liabilities of $63k, net assets of $363k. It reported 23 employees.