Bethel Classical Academy

Analysis

Bethel Classical Academy is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in May 2022, 4 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, Bethel Classical Academy reported income of $1.2m and spending of $603k, leaving 50% of income unspent that year. Across the 3 years on record, from December 2021 to June 2023, income grew from $442k to $1.2m (+175%), an average of +66% a year. The sharpest change came in the year to June 2023, when income rose by 225%. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bethel Classical Academy 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 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include The Character Education Partnership Inc ($1.2m), Vivekananda Yoga University ($1.2m) and Clementine Lockwood Peterson Foundation ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Other salaries and wages came to $373k. At year end it held assets of $830k against liabilities of $78, net assets of $830k. It reported 15 employees.