East Texas Charter High School

Analysis

East Texas Charter High School is a registered charity in United States, based in Longview, TX. It received its IRS tax-exemption ruling in November 1998, 28 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 August 2023, East Texas Charter High School reported income of $1.6m and spending of $1.6m, spending 103% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.4m to $1.6m (+14%), an average of +3.4% a year. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, East Texas Charter High School sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Community Christian School ($1.6m), Crawford County Federated Library System ($1.6m) and Field Semester ($1.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 96% and program service revenue 3.8% of the total. Compensation of current officers, directors and key employees was $1.0m (63% of expenses). At year end it held assets of $1.7m against liabilities of $81k, net assets of $1.6m. It reported 22 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.