The Howard Street Charter School

Analysis

The Howard Street Charter School is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in April 2002, 24 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, The Howard Street Charter School reported income of $2.3m and spending of $2.1m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $2.3m (+67%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 23%. 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, The Howard Street Charter School sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within OR. Charities of a similar size with the same main cause include Childrens Haven Child Care Center ($2.3m), Pointe Coupee Private School System Inc ($2.3m) and Academy of Building Industries Inc ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $131k (6.2% of expenses). Other salaries and wages came to $665k. At year end it held assets of $8.2m against liabilities of $7.2m, net assets of $1.1m. It reported 20 employees.