Rolling Hills Preparatory School

Analysis

Rolling Hills Preparatory School is a registered charity in United States, based in San Pedro, CA. It received its IRS tax-exemption ruling in January 1983, 43 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, Rolling Hills Preparatory School reported income of $9.7m and spending of $13.0m, spending 133% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $11.4m to $9.7m (-15%), an average of -4.0% a year. The sharpest change came in the year to June 2021, when income rose by 54%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rolling Hills Preparatory School sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Israel on Campus Coalition Inc ($9.7m), Hudsonalpha Foundation ($9.7m) and Arendell Parrott Academy Inc ($9.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.6% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $345k (2.7% of expenses). Other salaries and wages came to $5.7m. At year end it held assets of $55.5m against liabilities of $5.6m, net assets of $50.0m. It reported 150 employees.