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Da Vinci Schools

RegisteredEIN 26-3405843El Segundo, CAEducation and training
Income$44.2m2023-06
Spending$39.1msame year
Spent / received91%5-year average
Size in its cause98th pctEducation and training
Exempt since2009School
Employees300latest return

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

$0$11.1m$22.1m$33.2m$44.2m2019 Income: $26,550,8102019 Spending: $26,580,38120192020 Income: $28,094,2852020 Spending: $24,796,01420202021 Income: $31,536,0462021 Spending: $26,397,31820212022 Income: $35,356,8332022 Spending: $33,992,69220222023 Income: $44,247,6422023 Spending: $39,137,6032023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.4%

Similar-sized charities, same cause

CharityLocationIncome
Western Reserve AcademyHudson$44.2m
Marshall B Ketchum UniversityFullerton$44.3m
Classical Charter SchoolsBronx$44.2m
Integration Charter SchoolsStaten Island$44.3m