Qualia School for Deeper Learning

Analysis

Qualia School for Deeper Learning is a registered charity in United States, based in Calabasas, CA. It received its IRS tax-exemption ruling in February 2023, 3 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, Qualia School for Deeper Learning reported income of $1.6m and spending of $2.2m, spending 136% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $62k to $1.6m (+2552%), an average of +415% a year. The sharpest change came in the year to June 2022, when income rose by 3127%. Over the whole period it spent 118% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Qualia School for Deeper Learning sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include West Virginia Citizen Action Education Fund Inc ($1.6m), Academy of International Business ($1.6m) and Trinidad State College Foundation ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $423k (19% of expenses). Other salaries and wages came to $810k. At year end it held assets of $1.3m against liabilities of $1.5m, net assets of -$172k. It reported 26 employees.