Palm Beach School for Autism Inc

Analysis

Palm Beach School for Autism Inc is a registered charity in United States, based in Lake Worth, FL. It received its IRS tax-exemption ruling in December 2003, 23 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, Palm Beach School for Autism Inc reported income of $14.8m and spending of $12.6m, spending 85% of its income. Across the 5 years on record, from December 2018 to June 2023, income grew from $10.0m to $14.8m (+48%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Palm Beach School for Autism Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Wyoming Child & Family Developement Inc ($14.8m), The Valley Foundation ($14.8m) and South Central Community Action Program Inc ($14.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 4.7% of the total. Compensation of current officers, directors and key employees was $214k (1.7% of expenses). Other salaries and wages came to $7.2m. At year end it held assets of $23.4m against liabilities of $15.8m, net assets of $7.6m. It reported 216 employees.