San Diego Virtual School

Analysis

San Diego Virtual School is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in September 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, San Diego Virtual School reported income of $5.9m and spending of $5.7m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.6m to $5.9m (+29%), an average of +6.5% a year. The sharpest change came in the year to June 2023, when income rose by 17%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, San Diego Virtual School sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Ahla Foundation Inc ($5.9m), Kimberton Farms School Inc ($5.9m) and Arthur I Meyer Jewish Academy Inc ($5.9m).

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 $451k (7.9% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $4.4m against liabilities of $1.3m, net assets of $3.1m. It reported 45 employees.