Shepherd Academics Inc

Analysis

Shepherd Academics Inc is a registered charity in United States, based in Orange, CA. It received its IRS tax-exemption ruling in January 1998, 28 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, Shepherd Academics Inc reported income of $3.0m and spending of $3.1m, spending 104% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.9m to $3.0m (+56%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 74%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shepherd Academics 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 Communities in Schools of Pennsylvania Inc ($3.0m), Thrive Developmental Partners of Arkansas Inc ($3.0m) and American Quality Schools Corporation ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.1% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $17k (0.5% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $575k against liabilities of $1.0m, net assets of -$457k. It reported 60 employees.