Palo Alto Partners in Education

Analysis

Palo Alto Partners in Education is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in July 1988, 38 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Palo Alto Partners in Education reported income of $5.5m and spending of $5.5m, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $6.5m to $5.5m (-17%), an average of -4.4% a year. The sharpest change came in the year to June 2021, when income dropped by 20%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Palo Alto Partners in Education sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Peak Prep Pleasant Valley ($5.5m), Liberty Charter School Inc ($5.5m) and Vmi Alumni Agencies Board Inc ($5.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $172k (3.1% of expenses). Other salaries and wages came to $61k. At year end it held assets of $373k against liabilities of $5,500, net assets of $367k. It reported 5 employees.