Santa Rosa Academy Incorporated

Analysis

Santa Rosa Academy Incorporated is a registered charity in United States, based in Menifee, CA. It received its IRS tax-exemption ruling in September 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, Santa Rosa Academy Incorporated reported income of $26.0m and spending of $19.8m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.8m to $26.0m (+55%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 55%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Santa Rosa Academy Incorporated sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Cincinnati Country Day School ($26.0m), Philadelphia Academy Charter School ($26.0m) and The Branson School ($25.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $170k (0.9% of expenses). Other salaries and wages came to $9.8m. At year end it held assets of $50.1m against liabilities of $33.0m, net assets of $17.2m. It reported 266 employees.