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Aspen View Academy Inc

RegisteredEIN 45-3169981Castle Rock, COEducation and training
Income$12.1m2023-06
Spending$11.1msame year
Spent / received90%2-year average
Size in its cause94th pctEducation and training
Exempt since2020School
Employees156latest return

Analysis

Aspen View Academy Inc is a registered charity in United States, based in Castle Rock, CO. It received its IRS tax-exemption ruling in July 2020, 6 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, Aspen View Academy Inc reported income of $12.1m and spending of $11.1m, spending 92% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $10.7m to $12.1m (+13%), an average of +13% a year. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aspen View Academy Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CO. Charities of a similar size with the same main cause include Twin Peaks Charter Academy ($12.1m), Springer School & Center ($12.1m) and International Charter School of Atlanta Inc ($12.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.4% and program service revenue 90% of the total. Other salaries and wages came to $5.8m. At year end it held assets of $46.1m against liabilities of $43.2m, net assets of $2.9m. It reported 156 employees.

Income and spending

$0$3.0m$6.0m$9.1m$12.1m2022 Income: $10,666,3842022 Spending: $9,397,57620222023 Income: $12,066,7782023 Spending: $11,088,7052023
IncomeSpending

Where the income comes from

  • Contributions & grants 6.4%
  • Program services 90%
  • Other 3.2%

Similar-sized charities, same cause

CharityLocationIncome
Twin Peaks Charter AcademyLongmont$12.1m
Springer School & CenterCincinnati$12.1m
International Charter School of Atlanta IncRoswell$12.1m
Indian River State College FDN IncFort Pierce$12.1m