California Virtual Academy - Sonoma

Analysis

California Virtual Academy - Sonoma is a registered charity in United States, based in Simi Valley, CA. It received its IRS tax-exemption ruling in July 2008, 18 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, California Virtual Academy - Sonoma reported income of $11.2m and spending of $10.9m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.3m to $11.2m (+76%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, California Virtual Academy - Sonoma 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 95th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Manor College ($11.2m), Central Indiana Military Academy ($11.2m) and Arise Academy ($11.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $3.8m. At year end it held assets of $4.3m against liabilities of $4.2m, net assets of $185k. It reported 49 employees.