New Vision Charter School

Analysis

New Vision Charter School is a registered charity in United States, based in Loveland, CO. It received its IRS tax-exemption ruling in October 2006, 20 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, New Vision Charter School reported income of $13.3m and spending of $12.3m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.4m to $13.3m (+145%), an average of +25% a year. The sharpest change came in the year to June 2020, when income rose by 42%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Vision Charter School sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CO. Charities of a similar size with the same main cause include Core Butte Inc ($13.3m), East Wake First Charter School ($13.3m) and Tulsa Honor Academy ($13.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.1% and program service revenue 81% of the total. Other salaries and wages came to $4.3m. At year end it held assets of $43.7m against liabilities of $47.1m, net assets of -$3.4m. It reported 109 employees.