California Pacific Charter Schools

Analysis

California Pacific Charter Schools is a registered charity in United States, based in Costa Mesa, 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 publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, California Pacific Charter Schools reported income of $11.5m and spending of $11.4m, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.9m to $11.5m (+515%), an average of +83% a year. The sharpest change came in the year to June 2021, when income rose by 417%. 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, California Pacific Charter Schools sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Frederic L Chamberlain Center Inc ($11.5m), Cleveland Avenue Foundation for Education Group ($11.5m) and Pinnacle Classical Academy ($11.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $533k (4.7% of expenses). Other salaries and wages came to $6.4m. At year end it held assets of $8.7m against liabilities of $3.2m, net assets of $5.4m. It reported 127 employees.