Tustin Public School Foundation

Analysis

Tustin Public School Foundation is a registered charity in United States, based in Tustin, CA. It received its IRS tax-exemption ruling in November 1994, 32 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 May 2023, Tustin Public School Foundation reported income of $2.0m and spending of $1.6m, leaving 20% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income grew from $1.6m to $2.0m (+31%), an average of +7.0% a year. The sharpest change came in the year to May 2022, when income rose by 55%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tustin Public School Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Friends of St Croix Preparatory Academy ($2.0m), John Winthrop Nursery School Corporation ($2.0m) and Urban Prairie ($2.0m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 31% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $146k (9.0% of expenses). Other salaries and wages came to $389k. At year end it held assets of $3.9m against liabilities of $646k, net assets of $3.3m. It reported 56 employees.