Maranatha High School

Analysis

Maranatha High School is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in April 1966, 60 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, Maranatha High School reported income of $17.4m and spending of $17.0m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.6m to $17.4m (+5.0%), an average of +1.2% a year. 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, Maranatha High School sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Allegheny County Library Assoc ($17.4m), Banning Lewis Ranch Academy Inc ($17.4m) and Empire Commons Student Housing Inc ($17.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $422k (2.5% of expenses). Other salaries and wages came to $6.0m. At year end it held assets of $39.6m against liabilities of $24.7m, net assets of $14.9m. It reported 175 employees.