New Vista School

Analysis

New Vista School is a registered charity in United States, based in Laguna Hills, CA. It received its IRS tax-exemption ruling in November 1976, 50 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, New Vista School reported income of $4.5m and spending of $4.4m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $4.5m (+50%), an average of +11% a year. The sharpest change came in the year to June 2020, when income rose by 43%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Vista School sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Idaho Conservation League Inc ($4.5m), St Peters Hospital Foundation Inc ($4.5m) and Lubavitch Girls High School Inc ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.5% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $530k (12% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $4.4m against liabilities of $1.3m, net assets of $3.2m. It reported 65 employees.