Chartwell School

Analysis

Chartwell School is a registered charity in United States, based in Seaside, CA. It received its IRS tax-exemption ruling in November 1983, 43 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, Chartwell School reported income of $13.1m and spending of $11.5m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.9m to $13.1m (+233%), an average of +35% a year. The sharpest change came in the year to June 2022, when income rose by 682%. Over the whole period it spent 45% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chartwell School sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Cross Trails Medical Center ($13.1m), Campus Auxiliary Services Inc ($13.1m) and Seattle Public Library Foundation ($13.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $472k (4.1% of expenses). Other salaries and wages came to $6.2m. At year end it held assets of $59.9m against liabilities of $1.8m, net assets of $58.2m. It reported 104 employees.