Garden School Foundation Inc

Analysis

Garden School Foundation Inc is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in November 2005, 21 years ago. 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 July 2023, Garden School Foundation Inc reported income of $805k and spending of $693k, spending 86% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $304k to $805k (+165%), an average of +38% a year. The sharpest change came in the year to July 2022, when income rose by 57%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Garden School Foundation Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Nehemiah Community Revitalization Corporation ($805k), Monarch Villa Inc ($806k) and Jefferson Davis Council on the Aging Inc ($805k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 66% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $68k (9.9% of expenses). Other salaries and wages came to $433k. At year end it held assets of $390k against liabilities of $61k, net assets of $329k. It reported 9 employees.