Friends of San Pasqual Academy Inc

Analysis

Friends of San Pasqual Academy Inc is a registered charity in United States, based in Rcho Santa Fe, CA. It received its IRS tax-exemption ruling in September 2005, 21 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 December 2023, Friends of San Pasqual Academy Inc reported income of $357k and spending of $283k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $928k to $357k (-62%), an average of -21% a year. The sharpest change came in the year to December 2023, when income rose by 119%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of San Pasqual Academy Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include National Policy Board for Educational Administration Inc ($357k), Windswept Academy ($357k) and River Oaks Elementary School Parent Teacher Organization ($357k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.