Filipino School

Analysis

Filipino School is a registered charity in United States, based in Del Mar, CA. It received its IRS tax-exemption ruling in April 2016, 10 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 December 2023, Filipino School reported income of $437k and spending of $432k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $102k to $437k (+328%), an average of +44% a year. The sharpest change came in the year to December 2020, when income rose by 195%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Filipino School sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Kauluwao Inc ($437k), Elmhurst Montessori Preschool Inc ($437k) and Bay Area Charter School Athletic Conference ($437k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.8% of the total. Compensation of current officers, directors and key employees was $20k (4.6% of expenses). At year end it held assets of $25k against liabilities of $0, net assets of $25k.