Fern-Waters Public Charter School Incorporated

Analysis

Fern-Waters Public Charter School Incorporated is a registered charity in United States, based in Salmon, ID. It received its IRS tax-exemption ruling in August 2018, 8 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, Fern-Waters Public Charter School Incorporated reported income of $1.3m and spending of $1.0m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $622k to $1.3m (+116%), an average of +21% a year. The sharpest change came in the year to June 2021, when income rose by 37%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fern-Waters Public Charter School Incorporated sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within ID. Charities of a similar size with the same main cause include The Foundation for the College System of Tennessee ($1.3m), Kids Are People Elementary School Inc ($1.3m) and Rochester University ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $54k (5.3% of expenses). Other salaries and wages came to $470k. At year end it held assets of $1.7m against liabilities of $590k, net assets of $1.1m. It reported 29 employees.