Palm Desert HS Foundation

Analysis

Palm Desert HS Foundation is a registered charity in United States, based in Palm Desert, CA. It received its IRS tax-exemption ruling in March 1994, 32 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Palm Desert HS Foundation reported income of $78k and spending of $127k, spending 162% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income fell from $82k to $78k (-3.9%), an average of -3.9% a year. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Palm Desert HS Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include USA Swimming Inc ($78k), St Joseph Figure Skating Club ($78k) and Trinity County Historical Society ($78k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $212k against liabilities of $27k, net assets of $186k.