Manzanita Charter School

Analysis

Manzanita Charter School is a registered charity in United States, based in Richmond, CA. It received its IRS tax-exemption ruling in August 2000, 26 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, Manzanita Charter School reported income of $2.2m and spending of $1.7m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $2.2m (+55%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 42%. 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, Manzanita Charter School sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Touchdown Club of Athens Inc ($2.2m), Pearls for Teen Girls Inc ($2.2m) and Trinity Northwest Atlanta Early Learning Center ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $177k (11% of expenses). Other salaries and wages came to $655k. At year end it held assets of $1.6m against liabilities of $295k, net assets of $1.3m. It reported 9 employees.