New Village Charter School Inc

Analysis

New Village Charter School Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 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, New Village Charter School Inc reported income of $3.4m and spending of $3.4m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $3.4m (+47%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Village Charter School Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include American Friends of Bet El Yeshiva Center ($3.4m), National Basketball Retired Players Association Inc ($3.4m) and Columbia Academy ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $142k (4.1% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $3.1m against liabilities of $559k, net assets of $2.5m. It reported 25 employees.