Palozola Foundation

Analysis

Palozola Foundation is a registered charity in United States, based in Des Peres, MO. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, Palozola Foundation reported income of $137k and spending of $134k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $150k to $137k (-8.4%), an average of -8.4% a year. Over the whole period it spent 80% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Palozola Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within MO. Charities of a similar size with the same main cause include Carla and David Crane Foundation ($137k), Matagorda County United Way ($137k) and Astrion in Action ($137k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $199k against liabilities of $0, net assets of $199k.