Palo Verde College Foundation

Analysis

Palo Verde College Foundation is a registered charity in United States, based in Blythe, CA. It received its IRS tax-exemption ruling in October 1986, 40 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 June 2023, Palo Verde College Foundation reported income of $75k and spending of $106k, spending 142% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $185k to $75k (-60%), an average of -20% a year. The sharpest change came in the year to June 2021, when income rose by 254%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Palo Verde College Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Employee Assistance Professionals Association Inc ($75k), PTA New York Congress ($75k) and Educational Foundation of the Kansa S Society of C P As ($75k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.