Pazlo Education Foundation

Analysis

Pazlo Education Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 2013, 13 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, Pazlo Education Foundation reported income of $9.2m and spending of $8.7m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.9m to $9.2m (+55%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 20%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pazlo Education Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Valley Charter Schools ($9.2m), Manna Worldwide Inc ($9.2m) and Aurora Christian Schools ($9.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $350k (4.0% of expenses). Other salaries and wages came to $4.1m. At year end it held assets of $5.3m against liabilities of $2.3m, net assets of $3.0m. It reported 80 employees.