Golden Valley Charter School

Analysis

Golden Valley Charter School is a registered charity in United States, based in Ventura, CA. It received its IRS tax-exemption ruling in August 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Golden Valley Charter School reported income of $5.5m and spending of $5.5m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.2m to $5.5m (+6.7%), an average of +1.6% a year. 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, Golden Valley Charter School sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Walden School ($5.5m), Propel Charter School - Pitcairn ($5.5m) and Noah Webster Academy Inc ($5.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $218k (4.0% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $7.2m against liabilities of $2.1m, net assets of $5.1m. It reported 29 employees.