Invictus Schools

Analysis

Invictus Schools is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 2022, 4 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, Invictus Schools reported income of $1.6m and spending of $1.5m, spending 93% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $1.4m to $1.6m (+15%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 15%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Invictus Schools sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Jefferson State Community College Foundation Inc-Jefferson County ($1.6m), SLCC Foundation ($1.6m) and University Medical Foundation Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $118k (8.0% of expenses). Other salaries and wages came to $565k. At year end it held assets of $1.8m against liabilities of $1.2m, net assets of $609k. It reported 11 employees.