Ventura Charter School

Analysis

Ventura Charter School is a registered charity in United States, based in Ventura, 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ventura Charter School reported income of $6.3m and spending of $5.8m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.2m to $6.3m (+49%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 22%. 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, Ventura Charter School sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Sunrise of Philadelphia ($6.3m), The Newmark School Inc ($6.3m) and American College of Puerto Rico Inc ($6.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $177k (3.0% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $5.0m against liabilities of $606k, net assets of $4.4m. It reported 71 employees.