Theresa Hessling Charter School Project

Analysis

Theresa Hessling Charter School Project is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in June 2002, 24 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, Theresa Hessling Charter School Project reported income of $6.4m and spending of $6.0m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $7.1m to $6.4m (-11%), an average of -2.8% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Theresa Hessling Charter School Project sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include The Discovery School of Jacksonville Inc ($6.4m), Colorado High School Activities Association ($6.4m) and Colorado State University-Pueblo Foundation ($6.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $192k (3.2% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $5.4m against liabilities of $2.3m, net assets of $3.0m. It reported 135 employees.