Orinda Academy
Analysis
Orinda Academy is a registered charity in United States, based in Orinda, CA. It received its IRS tax-exemption ruling in September 1981, 45 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, Orinda Academy reported income of $2.7m and spending of $3.0m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.5m to $2.7m (-21%), an average of -5.8% a year. The sharpest change came in the year to June 2022, when income dropped by 22%. Over the whole period it spent 98% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Orinda Academy sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Committee for Catholic Secondary Education in Colorado Springs ($2.7m), Goodwin Foundation Inc ($2.7m) and Alliance for Excellent Education Inc ($2.7m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.3% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $90k (3.0% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $925k against liabilities of $579k, net assets of $346k. It reported 21 employees.
Income and spending
Where the income comes from
- Contributions & grants 4.3%
- Program services 96%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Committee for Catholic Secondary Education in Colorado Springs | Colorado SPGS | $2.7m |
| Goodwin Foundation Inc | East Hartford | $2.7m |
| Alliance for Excellent Education Inc | Washington | $2.7m |
| Arkansas Oklahoma Regional Education & Promotion Assn Inc | Fort Smith | $2.7m |