Beacon Hill Classical Academy Inc

Analysis

Beacon Hill Classical Academy Inc is a registered charity in United States, based in Camarillo, CA. It received its IRS tax-exemption ruling in February 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, Beacon Hill Classical Academy Inc reported income of $3.0m and spending of $3.1m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $3.0m (+101%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Beacon Hill Classical Academy Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Pee Dee Math Science and Technology Academy ($3.0m), Lafayette Library and Learningcenter Foundation ($3.0m) and Terra Science and Education Inc ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.8% and program service revenue 92% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $153k against liabilities of $37k, net assets of $116k. It reported 75 employees.