BEducationEIN: 912145223· Ruling Year: 2005

Literacy First Charter Schools

San Diego, California

B+Health Score
74B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.73×
Peer Median9.48×
💰
$27.5M
Total Revenue
📊
$26.4M
Total Expenses
🏦
$19.3M
Net Assets
📋
$19.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+8.1%
Year-over-year change (2022 → 2023)
Net Margin
+4.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.73
Net assets divided by total expenses
Liabilities-to-Assets
49.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$27,521,8678%$26,363,87516%$38,387,69112%
2022$25,457,9269%$22,799,97916%$34,229,38517%
2021$23,446,90433%$19,722,9207%$29,290,07212%
2020$17,655,2821%$18,454,9767%$26,237,74247%
2019$17,465,3918%$17,168,98112%$17,898,9691%
2018$16,219,8182%$15,264,3192%$17,661,0878%
2017$16,533,8466%$14,997,22613%$16,374,3946%
2016$15,660,11919%$13,290,8148%$15,396,76815%
2015$13,137,7723%$12,314,50713%$13,379,4571%
2014$12,781,81116%$10,938,30810%$13,293,81715%
2013$11,034,0227%$9,978,475$11,602,35218%
2012$10,326,11011%$9,942,73811%$9,831,6412%
2011$9,334,315$8,985,170$9,989,512

Frequently Asked Questions

What does Literacy First Charter Schools do?

Literacy First Charter Schools is a education nonprofit organization based in California. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Literacy First Charter Schools financially healthy?

Based on our 9-metric Financial Health Score model, Literacy First Charter Schools has a score of 74/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Literacy First Charter Schools generate?

Literacy First Charter Schools reports $33.1M in annual revenue and holds $41.4M in total assets, based on IRS filings.

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