California Heritage Youthbuild Academy

Analysis

California Heritage Youthbuild Academy is a registered charity in United States, based in Redding, CA. It received its IRS tax-exemption ruling in August 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, California Heritage Youthbuild Academy reported income of $2.7m and spending of $1.8m, leaving 34% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $2.7m (+78%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, California Heritage Youthbuild Academy sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include City Forward Collective Inc ($2.7m), Pine Forest Education Association Inc ($2.7m) and United to Learn ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $159k (8.9% of expenses). Other salaries and wages came to $657k. At year end it held assets of $3.1m against liabilities of $568k, net assets of $2.5m. It reported 39 employees.