Odyssey School
Analysis
Odyssey School is a registered charity in United States, based in San Mateo, CA. It received its IRS tax-exemption ruling in June 1998, 28 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, Odyssey School reported income of $2.5m and spending of $2.4m, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.9m to $2.5m (+33%), an average of +9.8% a year. Over the whole period it spent 90% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Odyssey School sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Wildflower Open Classroom ($2.5m), Veritas Classical Private School Inc ($2.5m) and Pagosa Peak Open School ($2.5m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.9% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $386k (16% of expenses). Other salaries and wages came to $890k. At year end it held assets of $6.4m against liabilities of $3.0m, net assets of $3.4m. It reported 14 employees.
Income and spending
Where the income comes from
- Contributions & grants 3.9%
- Program services 83%
- Other 13%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Wildflower Open Classroom | Chico | $2.5m |
| Veritas Classical Private School Inc | St Augustine | $2.5m |
| Pagosa Peak Open School | Pagosa SPGS | $2.5m |
| LA Compost | Los Angeles | $2.5m |