Antelope Valley Learning Academy Inc

Analysis

Antelope Valley Learning Academy Inc is a registered charity in United States, based in Lancaster, CA. It received its IRS tax-exemption ruling in June 2009, 17 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, Antelope Valley Learning Academy Inc reported income of $94.1m and spending of $87.2m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $85.0m to $94.1m (+11%), an average of +2.6% a year. 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, Antelope Valley Learning Academy Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include University of Central Florida Foundation Inc ($94.1m), Robert W Woodruff Health Sciences Center Fund Inc ($94.3m) and University of Lynchburg ($93.8m).

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 $182k (0.2% of expenses). Other salaries and wages came to $41.6m. At year end it held assets of $56.7m against liabilities of $25.2m, net assets of $31.5m. It reported 866 employees.