Laguna Beach High School Scholarship Foundation

Analysis

Laguna Beach High School Scholarship Foundation is a registered charity in United States, based in Laguna Beach, CA. It received its IRS tax-exemption ruling in July 2013, 13 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 December 2023, Laguna Beach High School Scholarship Foundation reported income of $465k and spending of $330k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $490k to $465k (-5.3%), an average of -1.3% a year. The sharpest change came in the year to December 2021, when income rose by 78%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Laguna Beach High School Scholarship Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Save Our Schools Arizona Network ($465k), Mark Ross Montessori Foundation ($465k) and Summer on the Hill ($465k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m.