Untitled No 1 School

Analysis

Untitled No 1 School is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Untitled No 1 School reported income of $275k and spending of $227k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $275k (-73%), an average of -28% a year. The sharpest change came in the year to December 2023, when income rose by 361%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Untitled No 1 School sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Saint Paraskeva Orthodox Charity ($275k), Society of Urologic Prosthetic Surgeons Inc ($275k) and Madison Cooperative Nursery School Inc ($275k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. Other salaries and wages came to $143k. At year end it held assets of $1.2m against liabilities of $3,159, net assets of $1.2m. It reported 4 employees.