Los Gatos High School New Millenium Foundation Inc

Analysis

Los Gatos High School New Millenium Foundation Inc is a registered charity in United States, based in Los Gatos, CA. It received its IRS tax-exemption ruling in March 2002, 24 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 2024, Los Gatos High School New Millenium Foundation Inc reported income of $553k and spending of $535k, spending 97% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $622k to $553k (-11%), an average of -2.3% a year. The sharpest change came in the year to June 2022, when income rose by 45%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Los Gatos High School New Millenium Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Philadelphia Area Center for History of Science ($553k), Napoli Culinary Academy of America ($553k) and Swannanoa Valley Montessori School ($553k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $634k against liabilities of $0, net assets of $634k.