Americas Finest Charter School

Analysis

Americas Finest Charter School is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in August 2011, 15 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, Americas Finest Charter School reported income of $8.8m and spending of $8.7m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.8m to $8.8m (+53%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Americas Finest 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 Achievement Preparatory Academy Public Charter School ($8.8m), Alliance College-Ready Public Schools Foundation ($8.8m) and Georgia Magnet-Charter Schools Foundation Corp ($8.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $156k (1.8% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $8.0m against liabilities of $5.4m, net assets of $2.7m. It reported 118 employees.