California Virtual Academy at San Joaquin -A California NPRFT Corp-

Analysis

California Virtual Academy at San Joaquin -A California NPRFT Corp- is a registered charity in United States, based in Simi Valley, CA. It received its IRS tax-exemption ruling in November 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, California Virtual Academy at San Joaquin -A California NPRFT Corp- reported income of $35.5m and spending of $34.6m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $14.1m to $35.5m (+153%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 56%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, California Virtual Academy at San Joaquin -A California NPRFT Corp- 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 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Missouri State University Foundation ($35.5m), Faculty-Student Assoc of State University of Ny at Stony Brook ($35.5m) and Iota Community Schools ($35.5m).

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 $12.6m. At year end it held assets of $11.6m against liabilities of $10.3m, net assets of $1.3m. It reported 115 employees.