St Augustine Academy Inc

Analysis

St Augustine Academy Inc is a registered charity in United States, based in Ventura, CA. It received its IRS tax-exemption ruling in December 1995, 31 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, St Augustine Academy Inc reported income of $1.8m and spending of $2.0m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $1.8m (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, St Augustine Academy Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Southwestern Idaho Electrical Joint Apprenticeship and Training Trust ($1.8m), Charlie Cart Project ($1.8m) and Trustees of the Free Public Library of the Township of Montville ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $80k (4.0% of expenses). Other salaries and wages came to $823k. At year end it held assets of $1.2m against liabilities of $1,198, net assets of $1.2m. It reported 27 employees.