California Creative Learning Academy

Analysis

California Creative Learning Academy is a registered charity in United States, based in Los Angeles, CA. 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, California Creative Learning Academy reported income of $8.9m and spending of $8.9m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.5m to $8.9m (+39%), an average of +8.5% 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, California Creative Learning Academy sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Champion Education Network ($8.9m), Village Preparatory School III ($8.9m) and Ethos Classical Inc ($8.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $341k (3.8% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $10.5m against liabilities of $7.0m, net assets of $3.5m. It reported 128 employees.