Vida Charter School

Analysis

Vida Charter School is a registered charity in United States, based in Gettysburg, PA. It received its IRS tax-exemption ruling in August 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, Vida Charter School reported income of $4.0m and spending of $3.8m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.6m to $4.0m (+12%), an average of +2.8% a year. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vida Charter School sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within PA. Charities of a similar size with the same main cause include The Society of Clinical Research Associates Inc ($4.0m), Pinon Community School Board Inc ($4.0m) and Defy Ventures Inc ($4.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.5% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $153k (4.1% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $3.7m against liabilities of $3.7m, net assets of $47k. It reported 53 employees.