Vistamar School

Analysis

Vistamar School is a registered charity in United States, based in El Segundo, CA. It received its IRS tax-exemption ruling in May 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, Vistamar School reported income of $13.1m and spending of $14.5m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $13.7m to $13.1m (-4.1%), an average of -1.1% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vistamar School sits at the 94th 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 96th percentile within CA. Charities of a similar size with the same main cause include The Community School Inc ($13.1m), Equity Now ($13.1m) and Brooklyn Dreams Charter School ($13.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $448k (3.1% of expenses). Other salaries and wages came to $7.1m. At year end it held assets of $26.9m against liabilities of $12.0m, net assets of $14.8m. It reported 105 employees.