Torrey Pines High School Foundation Inc

Analysis

Torrey Pines High School Foundation Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in December 1993, 33 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, Torrey Pines High School Foundation Inc reported income of $2.7m and spending of $2.4m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $2.7m (+39%), an average of +8.6% a year. The sharpest change came in the year to June 2022, when income rose by 91%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Torrey Pines High School Foundation Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Lighthouse Christian Academy Inc ($2.7m), Neca - Ibew No 176 Jatc Electrical Joint Apprenticeship Trust Fund ($2.7m) and PTA Texas Congress ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $51k (2.1% of expenses). Other salaries and wages came to $105k. At year end it held assets of $2.0m against liabilities of $241k, net assets of $1.8m. It reported 3 employees.