Core Charter Schools

Analysis

Core Charter Schools is a registered charity in United States, based in Marysville, CA. It received its IRS tax-exemption ruling in January 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, Core Charter Schools reported income of $7.3m and spending of $6.6m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.1m to $7.3m (+44%), an average of +9.5% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Core Charter Schools sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Successful Practices Network Inc ($7.3m), Longwood University Foundation Inc ($7.3m) and Palm Bay Education Group Inc ($7.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $186k (2.8% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $7.4m against liabilities of $3.2m, net assets of $4.2m. It reported 65 employees.