Da Vinci Schools LA County

Analysis

Da Vinci Schools LA County is a registered charity in United States, based in El Segundo, CA. It received its IRS tax-exemption ruling in August 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, Da Vinci Schools LA County reported income of $4.2m and spending of $4.2m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.4m to $4.2m (+23%), an average of +5.4% a year. The sharpest change came in the year to June 2021, when income rose by 47%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Da Vinci Schools LA County 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 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Linden Grove School ($4.2m), Carter Community Charter School Inc ($4.2m) and South Florida Bible College & Theological Seminary ($4.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $2.2m. At year end it held assets of $1.9m against liabilities of $1.0m, net assets of $928k.