The City School

Analysis

The City School is a registered charity in United States, based in Lake Balboa, CA. It received its IRS tax-exemption ruling in February 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 December 2022, The City School reported income of $521k and spending of $545k, spending 105% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $756k to $521k (-31%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 44%. Over the whole period it spent 116% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The City School sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Forerunner Training Center Inc ($521k), Montadhar Peace School ($521k) and Gadsden Wellness Our Future Inc ($521k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 29% and program service revenue 57% of the total. Other salaries and wages came to $355k. At year end it held assets of $127k against liabilities of $6,000, net assets of $121k. It reported 20 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.