De Toledo High School

Analysis

De Toledo High School is a registered charity in United States, based in West Hills, CA. It received its IRS tax-exemption ruling in May 2001, 25 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, De Toledo High School reported income of $19.7m and spending of $19.9m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $21.0m to $19.7m (-5.8%), an average of -1.5% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, De Toledo 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 New World Preparatory Charter School ($19.7m), Ohio Christian University ($19.8m) and Student Freedom Initiative Inc ($19.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $909k (4.6% of expenses). Other salaries and wages came to $8.3m. At year end it held assets of $54.4m against liabilities of $13.9m, net assets of $40.5m. It reported 213 employees.