Southern California Flex Academy

Analysis

Southern California Flex Academy is a registered charity in United States, based in Lucerne Vly, CA. It received its IRS tax-exemption ruling in September 2019, 7 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, Southern California Flex Academy reported income of $8.4m and spending of $8.6m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $636k to $8.4m (+1223%), an average of +91% a year. The sharpest change came in the year to June 2022, when income rose by 457%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southern California Flex 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 95th percentile within CA. Charities of a similar size with the same main cause include Humphreys College ($8.4m), Beacon Academy ($8.4m) and Brookline Infant Toddler Center Inc ($8.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $185k (2.2% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $3.3m against liabilities of $3.2m, net assets of $152k. It reported 55 employees.