Bay View Academy

Analysis

Bay View Academy is a registered charity in United States, based in Monterey, CA. It received its IRS tax-exemption ruling in February 2011, 15 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, Bay View Academy reported income of $8.0m and spending of $8.1m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.6m to $8.0m (+44%), an average of +9.6% a year. The sharpest change came in the year to June 2023, when income rose by 27%. 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, Bay View Academy sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Holy Cross Head Start Inc ($8.0m), Mansfield Preparatory Academy Inc ($8.0m) and RSM US Foundation ($8.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $180k (2.2% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $3.5m against liabilities of $1.1m, net assets of $2.4m. It reported 139 employees.