T H E Foundation for Las Virgenes Schools

Analysis

T H E Foundation for Las Virgenes Schools is a registered charity in United States, based in Calabasas, CA. It received its IRS tax-exemption ruling in December 2010, 16 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, T H E Foundation for Las Virgenes Schools reported income of $159k and spending of $120k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $69k to $159k (+132%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 66%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, T H E Foundation for Las Virgenes Schools sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Augusta Military Academy Alumni Foundation Inc ($159k), Golden Valley High School Band Boosters ($159k) and Crestwood School of Hattiesburg ($159k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% of the total. At year end it held assets of $324k against liabilities of $0, net assets of $324k.