Shanel Valley Academy

Analysis

Shanel Valley Academy is a registered charity in United States, based in Hopland, 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, Shanel Valley Academy reported income of $2.7m and spending of $2.7m, spending 99% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $2.1m to $2.7m (+26%), an average of +26% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shanel Valley Academy sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Heritage Family School ($2.7m), SLS ($2.7m) and Leadership Knoxville Inc ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $105k (4.0% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.3m against liabilities of $850k, net assets of $432k. It reported 44 employees.