Cascade Public Schools

Analysis

Cascade Public Schools is a registered charity in United States, based in Des Moines, WA. It received its IRS tax-exemption ruling in July 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 August 2023, Cascade Public Schools reported income of $3.6m and spending of $4.3m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to August 2023, income grew from $487k to $3.6m (+640%), an average of +65% a year. The sharpest change came in the year to December 2020, when income rose by 159%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cascade Public Schools 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 WA. Charities of a similar size with the same main cause include Flagstaff Junior Academy ($3.6m), Nashville Public Library Foundation ($3.6m) and Sunshine High School - Orange County Campus Inc ($3.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 32% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $144k (3.3% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $13.5m against liabilities of $10.8m, net assets of $2.6m. It reported 55 employees.