Equitas Academy Charter School Inc
1700 W Pico Blvd, Los Angeles, CA · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $50,836,462 | $46,304,209 | $25,332,582 |
| FY2024 | $46,075,779 | $44,761,957 | $19,500,329 |
| FY2023 | $41,652,717 | $40,289,432 | $19,486,507 |
| FY2022 | $38,224,409 | $37,160,743 | $18,123,222 |
| FY2021 | $36,662,873 | $34,021,344 | $17,059,556 |
| FY2020 | $30,119,789 | $29,222,026 | $14,418,027 |
| FY2019 | $24,486,391 | $22,568,742 | $11,520,264 |
| FY2018 | $19,219,027 | $15,964,385 | $8,719,630 |
| FY2017 | $14,730,677 | $13,236,042 | $6,347,973 |
| FY2016 | $12,956,498 | $11,407,349 | $4,853,338 |
| FY2015 | $8,446,424 | $7,309,469 | $3,304,189 |
| FY2014 | $6,372,885 | $5,515,444 | $2,167,234 |
| FY2013 | $4,152,050 | $3,755,003 | $1,268,014 |
| FY2012 | $2,869,171 | $2,424,017 | $912,771 |
Form 990 filings
The returns filed by Equitas Academy Charter School Inc (EIN 26-2439216), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $50,546,446 | 99% |
| Program service revenue | $0 | 0% |
| Other revenue | $290,016 | 1% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $38,000,642 | 82% |
| Management & general | $8,292,923 | 18% |
| Fundraising | $10,644 | <1% |
What the numbers show
- Contributions & grants made up 99% of total revenue in FY2025.
- Program services accounted for 82% of functional expenses, management & general 18%, and fundraising 0%.
- 82% of functional expenses went to program services in FY2025. That is higher than 43% of 581 Education organizations in CA.
- Net assets covered about 6.6 months of expenses at the end of the reporting year. That puts it in the 33rd percentile among 7211 Education organizations in CA.
- Total revenue was higher than 98% of 7388 Education organizations in CA.
- Total revenue rose from $2,869,171 in FY2012 to $50,836,462 in FY2025. Revenue increased in 13 and decreased in 0 of 13 year-over-year comparisons.
- Revenue covered expenses in each of the 14 reported years, FY2012 to FY2025.
- Net assets grew from $912,771 to $25,332,582 between FY2012 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
PROVIDE AN ACHIEVEMENT-BASED COMMUNITY THAT PREPARES STUDENTS TO GRADUATE FROM COLLEGES.
IRS status
| Ruling year | 2009 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B29 — Education (in CA) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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