Page Academy

Analysis

Page Academy is a registered charity in United States, based in Costa Mesa, CA. It received its IRS tax-exemption ruling in February 1940, 86 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 July 2024, Page Academy reported income of $4.6m and spending of $5.2m, spending 112% of what it took in. Across the 5 years on record, from July 2020 to July 2024, income grew from $3.2m to $4.6m (+45%), an average of +9.7% a year. The sharpest change came in the year to July 2023, when income rose by 34%. Over the whole period it spent 115% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Page Academy sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Charette Charter School ($4.6m), California County Superintendents Educational Services Association ($4.6m) and Magellan Charter School ($4.6m).

On its Form 990 for the period ending July 2024, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $205k (3.9% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $19.5m against liabilities of $737k, net assets of $18.8m. It reported 95 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.