Peak Prep Pleasant Valley

Analysis

Peak Prep Pleasant Valley is a registered charity in United States, based in Camarillo, CA. It received its IRS tax-exemption ruling in June 2021, 5 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, Peak Prep Pleasant Valley reported income of $5.5m and spending of $4.9m, spending 90% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.1m to $5.5m (+76%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 100%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Peak Prep Pleasant Valley 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 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Vmi Alumni Agencies Board Inc ($5.5m), Palo Alto Partners in Education ($5.5m) and Athenian Eacademy ($5.5m).

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 $219k (4.5% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $2.8m against liabilities of $307k, net assets of $2.5m. It reported 39 employees.