Learning Choice Academy

Analysis

Learning Choice Academy is a registered charity in United States, based in Santee, CA. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Learning Choice Academy reported income of $16.0m and spending of $14.8m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.8m to $16.0m (+48%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Learning Choice Academy sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Shippensburg University Foundation ($16.0m), Southern Oregon University Foundation ($16.0m) and Edmund Burke School ($16.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $7.2m. At year end it held assets of $43.5m against liabilities of $35.6m, net assets of $7.9m. It reported 163 employees.