Geneva Classical Inc

Analysis

Geneva Classical Inc is a registered charity in United States, based in Lake Forest, CA. It received its IRS tax-exemption ruling in April 2018, 8 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 December 2023, Geneva Classical Inc reported income of $1.9m and spending of $1.5m, leaving 20% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $642k to $1.9m (+192%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Geneva Classical Inc sits at the 82nd percentile: it is larger than about 82% 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 Believers Academy Inc ($1.9m), Lakeland-Andover School ($1.9m) and California Aggie Alumni Association ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.0% and program service revenue 91% of the total. Other salaries and wages came to $907k. At year end it held assets of $1.2m against liabilities of $6,765, net assets of $1.2m. It reported 15 employees.