Palo Alto Philharmonic Association

Analysis

Palo Alto Philharmonic Association is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in June 1993, 33 years ago. 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 Philharmonic Association reported income of $87k and spending of $82k, spending 94% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $48k to $87k (+83%), an average of +35% a year. The sharpest change came in the year to June 2023, when income rose by 96%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Palo Alto Philharmonic Association sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include Americans Against Gun Violence ($87k), Grand Traverse Area Community Living Centers Non-Profit Housing< ($87k) and Oklahoma Hospitality Club ($87k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 70% and program service revenue 27% of the total. At year end it held assets of $148k against liabilities of $0, net assets of $148k.