Charter School Association of Willits

Analysis

Charter School Association of Willits is a registered charity in United States, based in Willits, CA. It received its IRS tax-exemption ruling in May 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, Charter School Association of Willits reported income of $5.2m and spending of $4.6m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.3m to $5.2m (+56%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 23%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Charter School Association of Willits sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Urban Montessori ($5.2m), Hudson Valley Community College Foundation Inc ($5.2m) and Bishops University Foundation ($5.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $292k (6.3% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $7.9m against liabilities of $3.3m, net assets of $4.5m. It reported 92 employees.