Curtis School Foundation

Analysis

Curtis School Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 1976, 50 years ago. 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, Curtis School Foundation reported income of $24.8m and spending of $21.9m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $18.7m to $24.8m (+33%), an average of +7.3% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Curtis School Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Interim Inc ($24.8m), Christian Community Development Corporation Inc ($24.8m) and Medstar Ambulatory Services Inc ($24.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $721k (3.3% of expenses). Other salaries and wages came to $9.2m. It paid $325k in professional fundraising fees. At year end it held assets of $77.0m against liabilities of $18.0m, net assets of $59.0m. It reported 148 employees.