Village School Inc

Analysis

Village School Inc is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in October 1986, 40 years ago. 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, Village School Inc reported income of $12.5m and spending of $12.9m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.8m to $12.5m (+16%), an average of +3.8% a year. The sharpest change came in the year to June 2020, when income rose by 21%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Village School Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Oregon Supported Living Program ($12.5m), National Childrens Cancer Society Inc ($12.5m) and Imperial Beach Community Clinic ($12.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $710k (5.5% of expenses). Other salaries and wages came to $5.7m. At year end it held assets of $38.3m against liabilities of $12.1m, net assets of $26.2m. It reported 80 employees.