Newport Harbor Educational Foundation

Analysis

Newport Harbor Educational Foundation is a registered charity in United States, based in Newport Beach, CA. It received its IRS tax-exemption ruling in January 1996, 30 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 2024, Newport Harbor Educational Foundation reported income of $901k and spending of $984k, spending 109% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.2m to $901k (-24%), an average of -5.4% a year. The sharpest change came in the year to June 2021, when income dropped by 17%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Newport Harbor Educational Foundation sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Granite Bay High Boosters Association ($901k), New Life Day School ($901k) and Friends of Spero Academy II ($901k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 62% of the total. Other salaries and wages came to $88k. At year end it held assets of $861k against liabilities of $11k, net assets of $850k. It reported 3 employees.