King-Chavez Academy of Excellence

Analysis

King-Chavez Academy of Excellence is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in November 2002, 24 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, King-Chavez Academy of Excellence reported income of $27.8m and spending of $26.8m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $25.0m to $27.8m (+11%), an average of +2.7% a year. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, King-Chavez Academy of Excellence sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include National Math and Science Initiative Inc ($27.8m), Santa Fe Christian Schools ($27.8m) and Navigator Schools ($27.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $562k (2.1% of expenses). Other salaries and wages came to $11.8m. At year end it held assets of $38.0m against liabilities of $19.6m, net assets of $18.4m.