Santa Monica High School Grad Nite

Analysis

Santa Monica High School Grad Nite is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in July 1994, 32 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, Santa Monica High School Grad Nite reported income of $137k and spending of $130k, spending 94% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $122k to $137k (+12%), an average of +12% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Santa Monica High School Grad Nite sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Kindle Education Foundation a NJ Nonprofit Corporation ($137k), American Friends of the Childrens Day Nurseries & Childrens Town in ($137k) and Parent Booster USA Inc ($137k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 45% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.