Primary School

Analysis

Primary School is a registered charity in United States, based in E Palo Alto, CA. It received its IRS tax-exemption ruling in December 2020, 6 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, Primary School reported income of $3.7m and spending of $5.2m, spending 139% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $8.2m to $3.7m (-55%), an average of -55% a year. The sharpest change came in the year to June 2023, when income dropped by 55%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Primary School sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Pappas Kids Schoolhouse Foundation ($3.7m), Freedom Academy Inc ($3.7m) and Montgomery County Public Schools Educational Foundation Inc ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 7.9% of the total. Compensation of current officers, directors and key employees was $738k (14% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $2.0m against liabilities of $959k, net assets of $1.1m. It reported 44 employees.