California Virtual Academy at Maricopa
Analysis
California Virtual Academy at Maricopa is a registered charity in United States, based in Simi Valley, CA. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, California Virtual Academy at Maricopa reported income of $16.9m and spending of $16.5m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.4m to $16.9m (+162%), an average of +27% a year. The sharpest change came in the year to June 2022, when income rose by 75%. Over the whole period it spent 98% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, California Virtual Academy at Maricopa sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include High Point Academy Inc ($16.9m), Westlake Charter School ($16.9m) and Achieving the Dream Inc ($16.9m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $6.3m. At year end it held assets of $6.9m against liabilities of $6.5m, net assets of $420k. It reported 84 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 0.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| High Point Academy Inc | Spartanburg | $16.9m |
| Westlake Charter School | Sacramento | $16.9m |
| Achieving the Dream Inc | Silver Spring | $16.9m |
| Impact Charter School West | Philadelphia | $16.9m |