California Virtual Academy-San Diego

Analysis

California Virtual Academy-San Diego 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-San Diego reported income of $44.8m and spending of $43.0m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $21.1m to $44.8m (+112%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 39%. 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-San Diego sits at the 98th percentile: it is larger than about 98% 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 Health Sciences and Pharmacy in St Louis ($44.7m), Dillard University ($44.8m) and The Hun School of Princeton ($44.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $15.5m. At year end it held assets of $14.2m against liabilities of $11.3m, net assets of $2.9m. It reported 278 employees.