Spring Hill-The Advanced Elementary School of Santa Cruz

Analysis

Spring Hill-The Advanced Elementary School of Santa Cruz is a registered charity in United States, based in Santa Cruz, CA. It received its IRS tax-exemption ruling in February 1978, 48 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 August 2023, Spring Hill-The Advanced Elementary School of Santa Cruz reported income of $798k and spending of $1.1m, spending 136% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.5m to $798k (-47%), an average of -14% a year. The sharpest change came in the year to August 2020, when income dropped by 36%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Spring Hill-The Advanced Elementary School of Santa Cruz sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Heirway Christian Academy Inc ($797k), City Wildlife Inc ($798k) and Cahawba Christian Academy Incorporated ($797k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 6.2% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $85k (7.8% of expenses). Other salaries and wages came to $559k. At year end it held assets of $234k against liabilities of $310k, net assets of -$76k. It reported 18 employees.