Sebastopol Independent Charter School Inc
Analysis
Sebastopol Independent Charter School Inc is a registered charity in United States, based in Sebastopol, CA. It received its IRS tax-exemption ruling in April 1996, 30 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, Sebastopol Independent Charter School Inc reported income of $4.0m and spending of $3.8m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $4.0m (+36%), an average of +8.0% a year. 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, Sebastopol Independent Charter School Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Regeneration Avondale ($4.0m), Magic City Acceptance Academy Charter School ($4.0m) and Carden Memorial Foundation ($4.0m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $260k (6.9% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $3.9m against liabilities of $2.0m, net assets of $1.9m. It reported 77 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Program services 1.7%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Regeneration Avondale | Cincinnati | $4.0m |
| Magic City Acceptance Academy Charter School | Birmingham | $4.0m |
| Carden Memorial Foundation | Salt Lake Cty | $4.0m |
| Flex High School Inc | Lancaster | $4.0m |