Da Vinci Schools
Analysis
Da Vinci Schools is a registered charity in United States, based in El Segundo, 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, Da Vinci Schools reported income of $44.2m and spending of $39.1m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $26.6m to $44.2m (+67%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 91% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Da Vinci Schools 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 Western Reserve Academy ($44.2m), Marshall B Ketchum University ($44.3m) and Classical Charter Schools ($44.2m).
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 $21.0m. At year end it held assets of $29.8m against liabilities of $10.8m, net assets of $19.0m. It reported 300 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Western Reserve Academy | Hudson | $44.2m |
| Marshall B Ketchum University | Fullerton | $44.3m |
| Classical Charter Schools | Bronx | $44.2m |
| Integration Charter Schools | Staten Island | $44.3m |