Sycamore Creek Community Charter School

Analysis

Sycamore Creek Community Charter School is a registered charity in United States, based in Fountain Vly, CA. It received its IRS tax-exemption ruling in July 2020, 6 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, Sycamore Creek Community Charter School reported income of $2.4m and spending of $2.0m, spending 83% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $641k to $2.4m (+271%), an average of +55% a year. The sharpest change came in the year to June 2021, when income rose by 103%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sycamore Creek Community Charter School sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Cornerstone Christian Academy ($2.4m), Michigan Hospitality Foundation ($2.4m) and Kpa Ministries Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $90k (4.6% of expenses). Other salaries and wages came to $825k. At year end it held assets of $1.7m against liabilities of $698k, net assets of $1.0m. It reported 29 employees.