Novato Charter School Foundation

Analysis

Novato Charter School Foundation is a registered charity in United States, based in Novato, CA. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Novato Charter School Foundation reported income of $449k and spending of $326k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $346k to $449k (+30%), an average of +6.8% a year. The sharpest change came in the year to June 2022, when income rose by 80%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Novato Charter School Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Connectable Inc ($449k), Kids Club Incorporated ($449k) and Scholarship Committee Incorporated of the Salem High School Alumni As ($449k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $649k against liabilities of $692, net assets of $648k.