Peninsula Heritage School Inc Fka Wingrock School Inc

Analysis

Peninsula Heritage School Inc Fka Wingrock School Inc is a registered charity in United States, based in RLLNG HLS Est, CA. It received its IRS tax-exemption ruling in February 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, Peninsula Heritage School Inc Fka Wingrock School Inc reported income of $4.6m and spending of $4.1m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.6m to $4.6m (+28%), an average of +6.3% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Peninsula Heritage School Inc Fka Wingrock School Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Aaa Foundation for Traffic Safety ($4.6m), Georgia Christian School Inc ($4.6m) and Women in Military Service for America Memorial Foundation Inc ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.7% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $235k (5.8% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $10.6m against liabilities of $1.8m, net assets of $8.8m. It reported 49 employees.