Great Valley Academy

Analysis

Great Valley Academy is a registered charity in United States, based in Modesto, CA. It received its IRS tax-exemption ruling in January 2010, 16 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, Great Valley Academy reported income of $26.9m and spending of $21.2m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $18.8m to $26.9m (+43%), an average of +9.3% a year. The sharpest change came in the year to June 2023, when income rose by 39%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Great Valley Academy sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Hui Huliau ($26.9m), Lausanne Collegiate School ($27.0m) and All for Health Health for All Inc ($26.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 3.2% of the total. Compensation of current officers, directors and key employees was $819k (3.9% of expenses). Other salaries and wages came to $11.1m. At year end it held assets of $29.9m against liabilities of $8.1m, net assets of $21.8m. It reported 400 employees.