Liberty Charter School Inc
Analysis
Liberty Charter School Inc is a registered charity in United States, based in Nampa, ID. It received its IRS tax-exemption ruling in December 1999, 27 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 2024, Liberty Charter School Inc reported income of $5.5m and spending of $4.4m, spending 80% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.0m to $5.5m (+37%), an average of +8.3% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 85% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Liberty Charter School Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 95th percentile within ID. Charities of a similar size with the same main cause include Palo Alto Partners in Education ($5.5m), University of St Andrews American Foundation Inc ($5.5m) and Peak Prep Pleasant Valley ($5.5m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $262k (6.0% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $12.0m against liabilities of $4.7m, net assets of $7.3m. It reported 61 employees.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Other 5.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Palo Alto Partners in Education | Palo Alto | $5.5m |
| University of St Andrews American Foundation Inc | Atlanta | $5.5m |
| Peak Prep Pleasant Valley | Camarillo | $5.5m |
| Harmony DC Public Charter Schools | Washington | $5.5m |