Terra Marin School

Analysis

Terra Marin School is a registered charity in United States, based in San Francisco, 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, Terra Marin School reported income of $3.6m and spending of $3.2m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $781k to $3.6m (+357%), an average of +46% a year. The sharpest change came in the year to June 2020, when income rose by 131%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Terra Marin School sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Muslim Academy of Greater Orlando Inc ($3.6m), All Star Academy Inc ($3.6m) and Greater Etowah Mental Retardation 310 Board Inc ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 70% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $647k against liabilities of $1.1m, net assets of -$427k.