Newport Heights Elementary Foundation

Analysis

Newport Heights Elementary Foundation is a registered charity in United States, based in Newport Beach, CA. It received its IRS tax-exemption ruling in March 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 August 2023, Newport Heights Elementary Foundation reported income of $408k and spending of $371k, spending 91% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $439k to $408k (-7.1%), an average of -1.8% a year. The sharpest change came in the year to August 2020, when income dropped by 54%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Newport Heights Elementary Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include The International University Consortium for Executive Education ($408k), Tears ($408k) and Whitaker Small Farm Group Inc ($408k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. At year end it held assets of $567k against liabilities of $0, net assets of $567k.