Steven G Mihaylo Big Bear High School Education Foundation

Analysis

Steven G Mihaylo Big Bear High School Education Foundation is a registered charity in United States, based in Big Bear Lake, CA. It received its IRS tax-exemption ruling in October 2000, 26 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 March 2024, Steven G Mihaylo Big Bear High School Education Foundation reported income of $146k and spending of $184k, spending 127% of what it took in. Across the 6 years on record, from March 2019 to March 2024, income grew from $144k to $146k (+1.4%), an average of +0.3% a year. The sharpest change came in the year to March 2022, when income rose by 34%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Steven G Mihaylo Big Bear High School Education Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Wildflower Montessori Public Schools of Colorado ($146k), Juneau Community Preschool Inc ($146k) and Shepherd Elementary School Parents and Teachers Association ($145k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 30% of the total. Compensation of current officers, directors and key employees was $12k (6.5% of expenses). At year end it held assets of $3.0m against liabilities of $230k, net assets of $2.8m. It reported 1 employees.