Natomas Charter School

Analysis

Natomas Charter School is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in April 2004, 22 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, Natomas Charter School reported income of $26.6m and spending of $23.1m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $17.8m to $26.6m (+49%), an average of +11% a year. The sharpest change came in the year to June 2020, when income rose by 29%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Natomas Charter School sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Lyndon Baines Johnson Foundation ($26.6m), Northland College ($26.6m) and Valor Texas Education Foundation ($26.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $449k (1.9% of expenses). Other salaries and wages came to $12.3m. At year end it held assets of $39.2m against liabilities of $3.1m, net assets of $36.1m. It reported 226 employees.