Avalon Academy

Analysis

Avalon Academy is a registered charity in United States, based in San Mateo, CA. It received its IRS tax-exemption ruling in August 2005, 21 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, Avalon Academy reported income of $4.8m and spending of $3.1m, leaving 35% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $4.8m (+91%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 65%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Avalon Academy sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Family and Child Learning Centers of Northeast Wisconsin Inc ($4.8m), Mission for Educating Children with Autism ($4.8m) and Growth ($4.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $254k (8.2% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $2.8m against liabilities of $82k, net assets of $2.7m. It reported 59 employees.