Steele Canyon High School

Analysis

Steele Canyon High School is a registered charity in United States, based in Spring Valley, CA. It received its IRS tax-exemption ruling in July 2009, 17 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, Steele Canyon High School reported income of $32.1m and spending of $28.0m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $22.5m to $32.1m (+42%), an average of +9.2% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Steele Canyon High School sits at the 97th percentile: it is larger than about 97% 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 Innovative Education Management Inc ($32.0m), Gill St Bernards School ($32.1m) and University of Maryland Orthopaedic Associates P a ($32.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $425k (1.5% of expenses). Other salaries and wages came to $13.6m. At year end it held assets of $28.0m against liabilities of $8.0m, net assets of $20.0m. It reported 262 employees.