High School Inc Academies Foundation

Analysis

High School Inc Academies Foundation is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in March 2012, 14 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 2023, High School Inc Academies Foundation reported income of $746k and spending of $760k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $395k to $746k (+89%), an average of +17% a year. The sharpest change came in the year to June 2020, when income rose by 59%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, High School Inc Academies Foundation sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Hands of Hope USA ($746k), Sumner Daycare & Learning Center Inc ($746k) and Committee for Acl NJCL National Latin Exam ($746k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 3.5% of the total. Compensation of current officers, directors and key employees was $98k (13% of expenses). Other salaries and wages came to $159k. It paid $71k in professional fundraising fees. At year end it held assets of $922k against liabilities of $46k, net assets of $876k. It reported 6 employees.