San Jacinto Valley Academy Inc

Analysis

San Jacinto Valley Academy Inc is a registered charity in United States, based in San Jacinto, CA. It received its IRS tax-exemption ruling in May 1999, 27 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, San Jacinto Valley Academy Inc reported income of $24.7m and spending of $21.6m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $15.9m to $24.7m (+56%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, San Jacinto Valley Academy Inc sits at the 97th percentile: it is larger than about 97% 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 Evergreen Charter School ($24.7m), Foundation for Western Washington University and Alumni ($24.7m) and Little Star Center Inc ($24.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $241k (1.1% of expenses). Other salaries and wages came to $9.7m. At year end it held assets of $32.0m against liabilities of $13.8m, net assets of $18.1m. It reported 268 employees.