LA Jolla High School Scholarship Foundation Trust

Analysis

LA Jolla High School Scholarship Foundation Trust is a registered charity in United States, based in LA Jolla, CA. It received its IRS tax-exemption ruling in May 1974, 52 years ago. 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, LA Jolla High School Scholarship Foundation Trust reported income of $51k and spending of $51k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $64k to $51k (-21%), an average of -5.6% a year. The sharpest change came in the year to December 2021, when income rose by 81%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, LA Jolla High School Scholarship Foundation Trust sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within CA. Charities of a similar size with the same main cause include Little League Baseball Inc ($51k), Ukrainian National Womens League of America Inc ($51k) and PTA California Congress of Parents Teachers & Students Inc ($51k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% of the total. At year end it held assets of $705k against liabilities of $0, net assets of $705k.