Calvary Online School

Analysis

Calvary Online School is a registered charity in United States, based in San Marcos, CA. It received its IRS tax-exemption ruling in September 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 2024, Calvary Online School reported income of $1.1m and spending of $1.1m, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $565k to $1.1m (+94%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 103%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Calvary Online School 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 81st percentile within CA. Charities of a similar size with the same main cause include Big Bend Community College Foundation ($1.1m), Caltech Y ($1.1m) and Mad Foundation Inc ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.5% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $194k (17% of expenses). Other salaries and wages came to $631k. At year end it held assets of $353k against liabilities of $32k, net assets of $322k. It reported 21 employees.