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Central Florida Virtual Charter School Board Inc

RegisteredEIN 45-2920611Jacksonville, FLEducation and training
Income$7.7m2023-06
Spending$7.7msame year
Spent / received100%5-year average
Size in its cause92nd pctEducation and training
Exempt since2014School
Employees0latest return

Analysis

Central Florida Virtual Charter School Board Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in May 2014, 12 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, Central Florida Virtual Charter School Board Inc reported income of $7.7m and spending of $7.7m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.8m to $7.7m (+13%), an average of +3.1% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Central Florida Virtual Charter School Board Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include The Classical Academy of Sarasota Inc ($7.7m), The North Carolina High School for Accelerated Learning Inc ($7.7m) and Meoros Bais Yaakov Inc ($7.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 79% of the total. At year end it held assets of $1.1m against liabilities of $1.1m, net assets of $0.

Income and spending

$0$2.0m$4.0m$6.1m$8.1m2019 Income: $6,800,2372019 Spending: $6,800,23720192020 Income: $7,215,5252020 Spending: $7,215,52520202021 Income: $8,094,8462021 Spending: $8,094,84620212022 Income: $7,887,1672022 Spending: $7,887,16720222023 Income: $7,674,8732023 Spending: $7,674,8732023
IncomeSpending

Where the income comes from

  • Program services 79%
  • Other 21%

Similar-sized charities, same cause

CharityLocationIncome
The Classical Academy of Sarasota IncSarasota$7.7m
The North Carolina High School for Accelerated Learning IncCharlotte$7.7m
Meoros Bais Yaakov IncLakewood$7.7m
Tuscaloosa Academy IncTuscaloosa$7.7m