Lake View Charter School

Analysis

Lake View Charter School is a registered charity in United States, based in Orland, CA. It received its IRS tax-exemption ruling in August 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, Lake View Charter School reported income of $10.1m and spending of $8.6m, spending 85% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $4.3m to $10.1m (+132%), an average of +32% a year. The sharpest change came in the year to June 2022, when income rose by 52%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lake View Charter School 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 Leadership Education Foundation ($10.1m), Kean University Foundation Inc ($10.1m) and Alabama High School of Mathematics and Science Foundation ($10.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 5.6% of the total. Compensation of current officers, directors and key employees was $3,000 (0.0% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $3.6m against liabilities of $1.8m, net assets of $1.8m. It reported 47 employees.