Newport-Mesa Schools Foundation

Analysis

Newport-Mesa Schools Foundation is a registered charity in United States, based in Costa Mesa, CA. It received its IRS tax-exemption ruling in February 1981, 45 years ago. 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 December 2023, Newport-Mesa Schools Foundation reported income of $140k and spending of $136k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $112k to $140k (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Newport-Mesa Schools Foundation sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Northwoods Christian Camp on the Rapson Inc ($140k), PTA California Congress of Parents Teachers & Students Inc ($140k) and Hospice Support of Fauquier County Inc ($140k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. At year end it held assets of $94k against liabilities of $0, net assets of $94k.