Vision Academy Charter School

Analysis

Vision Academy Charter School is a registered charity in United States, based in E Lansdowne, PA. It received its IRS tax-exemption ruling in October 2015, 11 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, Vision Academy Charter School reported income of $8.3m and spending of $8.6m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.8m to $8.3m (+75%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 59%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vision Academy Charter School sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include American Montessori Society Inc ($8.3m), Sugar Bowl Ski Team & Academy ($8.3m) and Plumstead Christian School ($8.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.9% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $162k (1.9% of expenses). Other salaries and wages came to $4.8m. At year end it held assets of $11.4m against liabilities of $4.8m, net assets of $6.6m. It reported 110 employees.