National University Academy Sparrow

Analysis

National University Academy Sparrow is a registered charity in United States, based in LA Mesa, CA. It received its IRS tax-exemption ruling in July 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, National University Academy Sparrow reported income of $5.6m and spending of $5.4m, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.3m to $5.6m (+67%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 37%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, National University Academy Sparrow sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Kids Read Now ($5.6m), Girls Leadership Academy of Wilmington Foundation ($5.6m) and Ball Charter Schools Dobson ($5.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $142k (2.6% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $2.4m against liabilities of $1.3m, net assets of $1.1m. It reported 70 employees.