Santa Catalina School

Analysis

Santa Catalina School is a registered charity in United States, based in Monterey, CA. It received its IRS tax-exemption ruling in May 1955, 71 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, Santa Catalina School reported income of $25.3m and spending of $25.1m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $25.3m to $25.3m (-0.3%), an average of -0.1% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Santa Catalina 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 Kipp Memphis Inc ($25.2m), Aspira of Delaware Charter Operations ($25.3m) and Currey Ingram Academy ($25.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $1.3m (5.0% of expenses). Other salaries and wages came to $9.5m. It paid $25k in professional fundraising fees. At year end it held assets of $118.3m against liabilities of $12.9m, net assets of $105.4m. It reported 243 employees.