Education (B12) IRS Verified DX Registered 990 on File

WILLIAM S HART EDUCATION FOUNDATION

EIN: 45-4705593 · SANTA CLARITA, CA 91350-3050 · United States · FY 2023 Data

3 out of 5 55 / 100 Based on 2+ years of filings

Financial strength (30%) 84/100

Reliability (20%) 50/100

Effectiveness (25%) 80/100

Impact (25%) No data yet

Financial data: FY 2023 · Scored 9/13/2026

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Mission Statement

WiSH was established with this mission: The William S. Hart Foundation is dedicated to quality public education for all students. Through the generosity of our caring community and corporate partners, we fund programs and initiatives that go beyond what tax dollars provide and help elevate and prepare our students for life. WiSH's goal is to positively impact the Santa Clarita Valley by filling gaps in programs and resources in the public school system for which no school or government funding is available and/or which are cost-prohibitive to many low-income families in the District.

Financial Overview — FY 2023

$236K

Total Revenue

$198K

Total Expenses

$314K

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 68.0%

Fundraising Efficiency 13.5%

Operating Reserve 18.99x

Liability-to-Asset 0.1%

Revenue Diversification 61.5%

Executive Compensation $62K

Compared with Peers

FY 2023

Compared with 21,283 similar organizations (United States, Education, $100K–$1M in expenses), FY 2023.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	68.0%	88.7%	P10P90	Bottom quarter
Admin expense ratio Management and general / total expenses · lower is better	19.5%	8.8%	P10P90	Below median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	12.4%	0.0%	P10P90	Bottom quarter
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	13.5%	1.9%	P10P90	Below median
Operating reserve Months of expenses covered by net assets · higher is better	19.0 mo	9.7 mo	P10P90	Above median
Liabilities to assets Total liabilities / total assets · lower is better	0.1%	0.5%	P10P90	Above median
Revenue concentration Share of revenue from the largest source · lower is better	61.5%	90.2%	P10P90	Top quarter
Revenue growth Year over year revenue growth	18.9%	8.6%	P10P90
Expense growth Year over year expense growth	62.0%	13.1%	P10P90
Surplus margin Surplus as a share of revenue	15.8%	2.3%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2023	$236K	$198K	$314K	68.0%	1
2022	$198K	$122K	$275K	63.8%	1
2021	$223K	$93K	N/A	—	1
2020	$72K	$73K	N/A	—	0

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Organization Details

EIN: 45-4705593
State: CA
City: SANTA CLARITA
ZIP: 91350-3050
Classification: B12
Category: Education
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 2012
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

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The coverage grade (A to D) says how much filing data the score rests on; NONE means there is not enough to rate.
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"Compared with peers" places the charity's key ratios against organizations of the same country, sector and size.

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