Soquel High Fund Inc

Analysis

Soquel High Fund Inc is a registered charity in United States, based in Soquel, CA. It received its IRS tax-exemption ruling in December 1985, 41 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Soquel High Fund Inc reported income of $335k and spending of $349k, spending 104% of its income. Across the 4 years on record, from August 2019 to August 2023, income fell from $338k to $335k (-0.9%), an average of -0.3% a year. The sharpest change came in the year to August 2023, when income rose by 44%. 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, Soquel High Fund Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include North Side High School Alumni Scholarship Foundation ($335k), Inn of Last Resort Inc ($335k) and Sociedad Biblica de PR Inc ($335k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $380k against liabilities of $0, net assets of $380k.