Charter Schools Development Center

Analysis

Charter Schools Development Center is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Charter Schools Development Center reported income of $3.4m and spending of $2.6m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $3.4m (+59%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 56%. 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, Charter Schools Development Center sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include The College of Staten Island Foundation Inc ($3.4m), Community Learning Center Institute ($3.4m) and Museum School Collaborative ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $175k (6.8% of expenses). Other salaries and wages came to $871k. At year end it held assets of $7.2m against liabilities of $488k, net assets of $6.7m. It reported 11 employees.