Palo Alto Chinese School

Analysis

Palo Alto Chinese School is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in September 1986, 40 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Palo Alto Chinese School reported income of $203k and spending of $217k, spending 107% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $222k to $203k (-8.5%), an average of -1.8% a year. The sharpest change came in the year to June 2021, when income dropped by 21%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Palo Alto Chinese 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 54th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Upstream Theater ($203k), Storrier Stearns Garden ($204k) and Institute for Broadening Participation ($203k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 95% of the total. Other salaries and wages came to $73k. At year end it held assets of $498k against liabilities of $945, net assets of $497k. It reported 34 employees.