Sequoia High School Education Foundation

Analysis

Sequoia High School Education Foundation is a registered charity in United States, based in Redwood City, CA. It received its IRS tax-exemption ruling in June 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Sequoia High School Education Foundation reported income of $1.3m and spending of $939k, leaving 29% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $945k to $1.3m (+40%), an average of +8.7% a year. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sequoia High School Education Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Heritage Community Services Inc ($1.3m), Cecil College Foundation Inc ($1.3m) and Mary T and James J Hill Library Foundation ($1.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $43k. At year end it held assets of $3.2m against liabilities of $4,477, net assets of $3.2m. It reported 1 employees.