Creative Arts Charter School

Analysis

Creative Arts Charter School is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in January 1995, 31 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, Creative Arts Charter School reported income of $6.3m and spending of $6.2m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.8m to $6.3m (+30%), an average of +6.8% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Creative Arts Charter School sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Fairfax University of America ($6.3m), Portico Education Foundation ($6.3m) and DSST Building Corporation ($6.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $193k (3.1% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $3.0m against liabilities of $912k, net assets of $2.1m. It reported 52 employees.