Youth of Vision Academy

Analysis

Youth of Vision Academy is a registered charity in United States, based in Chula Vista, CA. It received its IRS tax-exemption ruling in August 2023, 3 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 December 2023, Youth of Vision Academy reported income of $7.3m and spending of $4.1m, leaving 44% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $2.2m to $7.3m (+231%), an average of +49% a year. The sharpest change came in the year to December 2022, when income rose by 65%. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Youth of Vision Academy sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Piney Woods School ($7.3m), Clemson University Land Stewardship Foundation Inc ($7.3m) and Founding Fourteen ($7.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $131k (3.2% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $12.0m against liabilities of $4.7m, net assets of $7.3m.