Estancia Valley Classical Academy

Analysis

Estancia Valley Classical Academy is a registered charity in United States, based in Edgewood, NM. It received its IRS tax-exemption ruling in July 2012, 14 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, Estancia Valley Classical Academy reported income of $1.1m and spending of $971k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $802k to $1.1m (+37%), an average of +8.1% a year. The sharpest change came in the year to June 2020, when income rose by 48%. Over the whole period it spent 136% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Estancia Valley Classical Academy sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within NM. Charities of a similar size with the same main cause include Oak Valley College ($1.1m), Iupat District Council 81 Joint Apprenticeship and Training Trust ($1.1m) and Nashville Teacher Residency ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.4% and program service revenue 87% of the total. At year end it held assets of $13.7m against liabilities of $15.8m, net assets of -$2.1m.