Chrysalis Charter School

Analysis

Chrysalis Charter School is a registered charity in United States, based in Palo Cedro, CA. It received its IRS tax-exemption ruling in May 2004, 22 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, Chrysalis Charter School reported income of $3.5m and spending of $2.7m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $3.5m (+39%), an average of +8.7% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chrysalis Charter School sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Unc Hussman School of Journalism and Media Foundation ($3.5m), College of the Desert Foundation ($3.5m) and Shepherd University Foundation Inc ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $322k (12% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $5.5m against liabilities of $2.3m, net assets of $3.2m. It reported 59 employees.