Palestine Foundation Inc

Analysis

Palestine Foundation Inc is a registered charity in United States, based in PLS VRDS Est, CA. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2022, Palestine Foundation Inc reported income of $253k and spending of $369k, spending 146% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income grew from $203k to $253k (+24%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 24%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Palestine Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Ovation Theatre Foundation ($253k), San Luis Obispo Master Chorale ($253k) and Crown Point Country Historical Society ($253k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 59% of the total. At year end it held assets of $86k against liabilities of $1, net assets of $86k.