Meadows Arts and Technology Elementary School

Analysis

Meadows Arts and Technology Elementary School is a registered charity in United States, based in Thousand Oaks, CA. It received its IRS tax-exemption ruling in December 2009, 17 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, Meadows Arts and Technology Elementary School reported income of $5.8m and spending of $5.1m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.1m to $5.8m (+41%), an average of +9.0% a year. The sharpest change came in the year to June 2023, when income rose by 17%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Meadows Arts and Technology Elementary 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 Pim Arts High School ($5.8m), Parents for Torah for All Children Ptach Inc ($5.8m) and New Harmony High Institute ($5.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $199k (3.9% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $4.5m against liabilities of $314k, net assets of $4.2m. It reported 95 employees.