Camarillo Academy of Progressive Education

Analysis

Camarillo Academy of Progressive Education is a registered charity in United States, based in Camarillo, CA. It received its IRS tax-exemption ruling in September 2007, 19 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, Camarillo Academy of Progressive Education reported income of $7.5m and spending of $6.0m, leaving 20% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.4m to $7.5m (+40%), an average of +8.7% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Camarillo Academy of Progressive Education sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include University of the West ($7.5m), Montana Family Practice Residency ($7.5m) and Montgomery College Foundation Inc ($7.5m).

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 $611k (10% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $9.8m against liabilities of $1.4m, net assets of $8.4m. It reported 76 employees.