Sonoma Academy

Analysis

Sonoma Academy is a registered charity in United States, based in Santa Rosa, CA. It received its IRS tax-exemption ruling in April 2000, 26 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, Sonoma Academy reported income of $27.6m and spending of $24.8m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $30.3m to $27.6m (-9.1%), an average of -2.4% a year. The sharpest change came in the year to June 2023, when income rose by 43%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sonoma Academy 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 Literacy First Charter Schools ($27.5m), George Stone Adventist School ($27.6m) and Town School for Boys ($27.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $954k (3.9% of expenses). Other salaries and wages came to $7.6m. At year end it held assets of $141.8m against liabilities of $27.0m, net assets of $114.8m. It reported 142 employees.