Green Dot Public Schools

Analysis

Green Dot Public Schools is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in September 2001, 25 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, Green Dot Public Schools reported income of $214.4m and spending of $210.6m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $167.3m to $214.4m (+28%), an average of +6.4% a year. 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, Green Dot Public Schools sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Rollins College ($213.7m), Depauw University ($215.8m) and Kipp Socal Public Schools ($213.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $1.5m (0.7% of expenses). Other salaries and wages came to $85.7m. At year end it held assets of $331.5m against liabilities of $225.9m, net assets of $105.6m. It reported 1,277 employees.