Orange County Elementary Arts Academy

Analysis

Orange County Elementary Arts Academy is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in August 2006, 20 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, Orange County Elementary Arts Academy reported income of $12.2m and spending of $11.0m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.8m to $12.2m (+39%), an average of +8.5% a year. The sharpest change came in the year to June 2023, when income rose by 17%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Orange County Elementary Arts Academy 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 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Rio Hondo Education Consortium ($12.2m), Brookwood School Incorporated ($12.2m) and Florida High School for Accelerated Learning - Miami Campus ($12.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $130k (1.2% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $15.1m against liabilities of $13.6m, net assets of $1.5m. It reported 139 employees.