Valley Oak Charter

Analysis

Valley Oak Charter is a registered charity in United States, based in Ojai, CA. It received its IRS tax-exemption ruling in December 2005, 21 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, Valley Oak Charter reported income of $733k and spending of $688k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $821k to $733k (-11%), an average of -2.8% a year. The sharpest change came in the year to June 2022, when income dropped by 24%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Valley Oak Charter sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include South Carolina First Steps to School Readiness Board of Trustees ($733k), California School Nurse Organization State Level ($734k) and Millers Military Academy Inc ($733k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $120k (17% of expenses). Other salaries and wages came to $210k. At year end it held assets of $1.9m against liabilities of $898k, net assets of $1.0m. It reported 18 employees.