Villa Academy

Analysis

Villa Academy is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in April 1977, 49 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 2024, Villa Academy reported income of $13.6m and spending of $14.2m, spending 104% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $10.8m to $13.6m (+26%), an average of +4.8% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Villa Academy sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within WA. Charities of a similar size with the same main cause include Intercollegiate Studies Institute Inc ($13.6m), Campus Development Foundation Inc ($13.6m) and Next Generation Education ($13.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 7.2% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $520k (3.7% of expenses). Other salaries and wages came to $6.5m. At year end it held assets of $26.3m against liabilities of $8.2m, net assets of $18.1m. It reported 132 employees.