Warren Easton Sr High School Foundation Inc

Analysis

Warren Easton Sr High School Foundation Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in April 2006, 20 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, Warren Easton Sr High School Foundation Inc reported income of $19.5m and spending of $19.3m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.0m to $19.5m (+63%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 43%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Warren Easton Sr High School Foundation Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within LA. Charities of a similar size with the same main cause include York Preparatory Academy Inc ($19.5m), Saint Edwards School ($19.5m) and Conservative Partnership Institute ($19.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 4.3% of the total. Compensation of current officers, directors and key employees was $171k (0.9% of expenses). Other salaries and wages came to $7.3m. At year end it held assets of $8.8m against liabilities of $615k, net assets of $8.2m. It reported 162 employees.