Village Charter Academy

Analysis

Village Charter Academy is a registered charity in United States, based in Woodland HLS, 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, Village Charter Academy reported income of $6.0m and spending of $5.5m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.0m to $6.0m (+50%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Village Charter Academy 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 Every Student Counts ($6.0m), Center for Excellence in Highereducation Inc ($6.0m) and Kipp Okc Public Schools ($6.0m).

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 $444k (8.1% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $4.3m against liabilities of $1.8m, net assets of $2.5m. It reported 58 employees.