Live Oak Charter School

Analysis

Live Oak Charter School is a registered charity in United States, based in Petaluma, CA. It received its IRS tax-exemption ruling in January 2002, 24 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, Live Oak Charter School reported income of $3.6m and spending of $3.5m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.2m to $3.6m (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Live Oak Charter School sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Chesterton Academy ($3.6m), John Jay College ($3.6m) and Dr Lewis Dolphin Stallworth Sr Charter School Inc ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 6.6% of the total. Compensation of current officers, directors and key employees was $344k (9.8% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $1.6m against liabilities of $460k, net assets of $1.1m. It reported 55 employees.