Scenicview Academy Inc

Analysis

Scenicview Academy Inc is a registered charity in United States, based in Provo, UT. It received its IRS tax-exemption ruling in August 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 December 2023, Scenicview Academy Inc reported income of $6.2m and spending of $22.4m, spending 362% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.1m to $6.2m (+22%), an average of +5.2% a year. The sharpest change came in the year to December 2021, when income rose by 216%. Over the whole period it spent 396% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Scenicview Academy Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within UT. Charities of a similar size with the same main cause include Toras Imecha Inc ($6.2m), Montessori for All Inc ($6.2m) and Leadership Preparatory Inc ($6.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $325k (1.5% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $927k against liabilities of $759k, net assets of $169k. It reported 197 employees.