Vineyard Academy Inc

Analysis

Vineyard Academy Inc is a registered charity in United States, based in Brentwood, CA. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Vineyard Academy Inc reported income of $1.3m and spending of $902k, leaving 29% of income unspent that year. Across the 3 years on record, from December 2021 to May 2023, income grew from $503k to $1.3m (+151%), an average of +59% a year. The sharpest change came in the year to May 2022, when income rose by 107%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vineyard Academy Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include San Francisco Achievers ($1.3m), Central Christian University Inc ($1.3m) and McCalls Chapel School Endowment Trust of 1993 ($1.3m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 6.0% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $125k (14% of expenses). Other salaries and wages came to $431k. At year end it held assets of $504k against liabilities of $504k, net assets of $0. It reported 19 employees.