Vector School District

Analysis

Vector School District is a registered charity in United States, based in Chandler, AZ. It received its IRS tax-exemption ruling in February 2010, 16 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, Vector School District reported income of $3.0m and spending of $2.9m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $3.0m (+48%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vector School District 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 87th percentile within AZ. Charities of a similar size with the same main cause include Agahozo-Shalom Youth Village Inc ($3.0m), Play CV ($3.0m) and Be Er Yeshaya ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 3.3% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $7.5m against liabilities of $8.6m, net assets of -$1.1m.