Tahoe Expedition Academy Inc

Analysis

Tahoe Expedition Academy Inc is a registered charity in United States, based in Kings Beach, CA. It received its IRS tax-exemption ruling in April 2012, 14 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, Tahoe Expedition Academy Inc reported income of $7.6m and spending of $7.5m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.1m to $7.6m (+6.6%), an average of +1.6% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tahoe Expedition Academy Inc 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 94th percentile within CA. Charities of a similar size with the same main cause include Elgin Charter School Initiative ($7.6m), Silvies River Charter School ($7.6m) and Triad Educational Services Inc ($7.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $463k (6.2% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $4.9m against liabilities of $3.6m, net assets of $1.3m. It reported 144 employees.