Palo Alto Forward

Analysis

Palo Alto Forward is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2024, Palo Alto Forward reported income of $89k and spending of $128k, spending 143% of what it took in. Across the 4 years on record, from June 2021 to June 2024, income fell from $134k to $89k (-34%), an average of -13% a year. The sharpest change came in the year to June 2024, when income rose by 70%. Over the whole period it spent 70% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Palo Alto Forward sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Spc4life ($89k), Cause Agency ($89k) and Three Crowns Foundation ($89k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 56% of the total. At year end it held assets of $181k against liabilities of $0, net assets of $181k.