Nothern United Charter Schools

Analysis

Nothern United Charter Schools is a registered charity in United States, based in Eureka, CA. It received its IRS tax-exemption ruling in September 2019, 7 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, Nothern United Charter Schools reported income of $8.8m and spending of $7.6m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.6m to $8.8m (+2.2%), an average of +0.5% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nothern United Charter Schools sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Philadelphia Hebrew Public Charter School ($8.8m), Adelphoi Education Inc ($8.8m) and Kipp North Carolina Public Schools Inc ($8.8m).

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 $177k (2.3% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $5.3m against liabilities of $953k, net assets of $4.3m. It reported 108 employees.