Golden View Classical Academy
Analysis
Golden View Classical Academy is a registered charity in United States, based in Golden, CO. 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 2024, Golden View Classical Academy reported income of $10.0m and spending of $9.2m, spending 92% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $6.7m to $10.0m (+50%), an average of +8.4% a year. The sharpest change came in the year to June 2020, when income rose by 130%. Over the whole period it spent 95% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Golden View Classical Academy sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CO. Charities of a similar size with the same main cause include Excelsior Academies Inc ($10.0m), Northsound Association for Catholic Education ($10.0m) and University of Virginia Licensing & Ventures Group ($10.0m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 18% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $372k (4.1% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $11.2m against liabilities of $13.1m, net assets of -$1.9m. It reported 119 employees.
Income and spending
Where the income comes from
- Contributions & grants 18%
- Program services 80%
- Other 1.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Excelsior Academies Inc | Miami Gardens | $10.0m |
| Northsound Association for Catholic Education | Everett | $10.0m |
| University of Virginia Licensing & Ventures Group | Charlottesvle | $10.0m |
| Gulfstream School Inc | Gulf Stream | $10.0m |