High Tech High

Analysis

High Tech High is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in November 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, High Tech High reported income of $97.4m and spending of $89.7m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $69.2m to $97.4m (+41%), an average of +8.9% a year. The sharpest change came in the year to June 2023, when income rose by 15%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, High Tech High sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Gardner-Webb University ($97.3m), Hendrix College ($97.5m) and Community Information Trust ($97.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.6% of the total. Compensation of current officers, directors and key employees was $20k (0.0% of expenses). Other salaries and wages came to $46.2m. At year end it held assets of $178.8m against liabilities of $134.7m, net assets of $44.1m. It reported 1,120 employees.