Old Town Academy Parent Foundation

Analysis

Old Town Academy Parent Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Old Town Academy Parent Foundation reported income of $544k and spending of $487k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $165k to $544k (+229%), an average of +35% a year. The sharpest change came in the year to June 2023, when income rose by 202%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Old Town Academy Parent Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Lindsay Educational Foundation for Learning ($544k), We Shall Read ($544k) and Wedgwood Academy ($544k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 105% of the total. At year end it held assets of $239k against liabilities of $0, net assets of $239k.