Living Classroom

Analysis

Living Classroom is a registered charity in United States, based in Los Altos, CA. It received its IRS tax-exemption ruling in December 2013, 13 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 2024, Living Classroom reported income of $248k and spending of $214k, spending 86% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $496k to $248k (-50%), an average of -16% a year. The sharpest change came in the year to June 2021, when income dropped by 31%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Living Classroom sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Bloomfield Baseball League Inc ($248k), New Canaan Cares Inc ($248k) and Cooperative Outreach for Personal Emergencies Inc ($248k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 41% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $96k (45% of expenses). Other salaries and wages came to $59k. At year end it held assets of $92k against liabilities of -$254, net assets of $92k. It reported 9 employees.