Charter Foundation

Analysis

Charter Foundation is a registered charity in United States, based in Sebastopol, CA. It received its IRS tax-exemption ruling in January 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Charter Foundation reported income of $187k and spending of $115k, leaving 39% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $735k to $187k (-75%), an average of -29% a year. The sharpest change came in the year to June 2020, when income dropped by 86%. Over the whole period it spent 49% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Charter Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Lovelikety ($187k), Firm Foundation Early Learning Academy ($187k) and Bardstown Foundation for Excellence in Public Education ($187k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 153% and program service revenue 2.8% of the total. Other salaries and wages came to $85k. At year end it held assets of $9.6m against liabilities of $5.0m, net assets of $4.6m. It reported 2 employees.