Garvey Allen Visual and Performing Arts Academy for Science

Analysis

Garvey Allen Visual and Performing Arts Academy for Science is a registered charity in United States, based in Moreno Valley, CA. It received its IRS tax-exemption ruling in October 2019, 7 years ago. 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, Garvey Allen Visual and Performing Arts Academy for Science reported income of $2.9m and spending of $2.4m, spending 85% of its income. Across the 6 years on record, from June 2018 to June 2023, income grew from $215k to $2.9m (+1238%), an average of +68% a year. The sharpest change came in the year to June 2019, when income dropped by 100%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Garvey Allen Visual and Performing Arts Academy for Science 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 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Santa Clara Swim Club ($2.9m), National Christian Charitable Foundation Inc ($2.9m) and Sheriffs Association of Texas Inc ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $940k against liabilities of $745k, net assets of $195k. It reported 20 employees.