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Mojave River Academy Schools

RegisteredEIN 84-3602779Victorville, CAEducation and training
Income$61.0m2023-06
Spending$46.0msame year
Spent / received85%5-year average
Size in its cause99th pctEducation and training
Exempt since2020Publicly supported organisat
Employees601latest return

Analysis

Mojave River Academy Schools is a registered charity in United States, based in Victorville, CA. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mojave River Academy Schools reported income of $61.0m and spending of $46.0m, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $24.7m to $61.0m (+147%), an average of +25% a year. The sharpest change came in the year to June 2023, when income rose by 42%. 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, Mojave River Academy Schools sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Lycee Francais de New York ($61.0m), Albright College ($61.1m) and Siena Heights University ($60.9m).

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 $17.2m. At year end it held assets of $43.1m against liabilities of $14.3m, net assets of $28.7m. It reported 601 employees.

Income and spending

$0$15.3m$30.5m$45.8m$61.0m2019 Income: $24,664,8772019 Spending: $22,159,05920192020 Income: $30,419,0702020 Spending: $25,299,00120202021 Income: $31,872,7592021 Spending: $28,475,81020212022 Income: $42,903,2992022 Spending: $40,198,09420222023 Income: $61,032,5352023 Spending: $46,029,8462023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Lycee Francais de New YorkNew York$61.0m
Albright CollegeReading$61.1m
Siena Heights UniversityAdrian$60.9m
Room to ReadSan Francisco$61.1m