Head-Royce School

Analysis

Head-Royce School is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in June 1963, 63 years ago. 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, Head-Royce School reported income of $47.2m and spending of $43.9m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $43.6m to $47.2m (+8.3%), an average of +2.0% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Head-Royce School sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Partnerships to Uplift Communities Valley ($47.1m), John Cooper School ($47.2m) and Arrowhead Economic Opportunity Agency Incorporated ($47.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.4% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $2.3m (5.2% of expenses). Other salaries and wages came to $16.8m. It paid $8,750 in professional fundraising fees. At year end it held assets of $164.5m against liabilities of $73.1m, net assets of $91.5m. It reported 473 employees.