Howard School

Analysis

Howard School is a registered charity in United States, based in Carpinteria, CA. It received its IRS tax-exemption ruling in September 2001, 25 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 July 2023, Howard School reported income of $1.9m and spending of $1.6m, spending 82% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $1.2m to $1.9m (+61%), an average of +17% a year. The sharpest change came in the year to July 2022, when income rose by 36%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Howard School sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Childrens Academy at Loch Haven Inc ($1.9m), Cutchogue New Suffolk Free Library ($1.9m) and Wrec Educational Foundation Inc ($1.9m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 4.6% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $159k (10% of expenses). Other salaries and wages came to $756k. At year end it held assets of $2.5m against liabilities of $849k, net assets of $1.7m. It reported 28 employees.