Private School Axis

Analysis

Private School Axis is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2021, 5 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 December 2023, Private School Axis reported income of $582k and spending of $1.3m, spending 223% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $2.2m to $582k (-73%), an average of -73% a year. The sharpest change came in the year to December 2023, when income dropped by 73%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Private School Axis sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Arches Academy ($582k), Bright Offerings ($582k) and Anastasis Academy ($582k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. Other salaries and wages came to $450k. At year end it held assets of $724k against liabilities of $14k, net assets of $710k. It reported 8 employees.