Port of Los Angeles High School

Analysis

Port of Los Angeles High School is a registered charity in United States, based in San Pedro, CA. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Port of Los Angeles High School reported income of $17.4m and spending of $17.1m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.8m to $17.4m (+35%), an average of +7.9% a year. The sharpest change came in the year to June 2020, when income rose by 36%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Port of Los Angeles High School 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 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Therapeutic Living Centers for the Blind Inc ($17.4m), Empire Commons Student Housing Inc ($17.4m) and Foote School Association Inc ($17.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $494k (2.9% of expenses). Other salaries and wages came to $7.8m. At year end it held assets of $22.0m against liabilities of $6.9m, net assets of $15.1m. It reported 119 employees.