Idaho Virtual High School Inc

Analysis

Idaho Virtual High School Inc is a registered charity in United States, based in Mountain Home, ID. It received its IRS tax-exemption ruling in September 2023, 3 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 2024, Idaho Virtual High School Inc reported income of $7.5m and spending of $6.5m, spending 86% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $4.2m to $7.5m (+79%), an average of +12% a year. The sharpest change came in the year to June 2024, when income rose by 36%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Idaho Virtual High School Inc 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 97th percentile within ID. Charities of a similar size with the same main cause include Echo Foundation ($7.5m), Health Sciences Charter School ($7.5m) and University of Alabama Alumni Assoc Alumni Hall ($7.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $202k (3.1% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $16.5m against liabilities of $2.5m, net assets of $14.0m. It reported 89 employees.