Castilleja School Foundation

Analysis

Castilleja School Foundation is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in August 1943, 83 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, Castilleja School Foundation reported income of $33.9m and spending of $34.0m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $37.1m to $33.9m (-8.6%), an average of -2.2% a year. The sharpest change came in the year to June 2021, when income rose by 23%. 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, Castilleja School Foundation 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 University of North Carolina Chapel Hill Arts and Sciences Foundation ($33.9m), Project Access Foundation Inc ($33.9m) and The Trustees of Anatolia College ($33.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $1.7m (4.9% of expenses). Other salaries and wages came to $14.8m. At year end it held assets of $172.3m against liabilities of $25.4m, net assets of $146.9m. It reported 269 employees.