Orange County Academy of Sciences and Arts Inc

Analysis

Orange County Academy of Sciences and Arts Inc is a registered charity in United States, based in Laguna Niguel, CA. It received its IRS tax-exemption ruling in July 2016, 10 years ago. 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, Orange County Academy of Sciences and Arts Inc reported income of $7.5m and spending of $5.6m, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.9m to $7.5m (+94%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 43%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Orange County Academy of Sciences and Arts Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Oak Leyden Developmental Services ($7.5m), Ambulance and Chair Ems Inc Fka Leelynnann Inc ($7.5m) and New Orleans College Preparatoryacademies ($7.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $200k (3.6% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $3.7m against liabilities of $1.6m, net assets of $2.1m. It reported 78 employees.