Shalem School
Analysis
Shalem School is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Shalem School reported income of $355k and spending of $497k, spending 140% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $298k to $355k (+19%), an average of +6.0% a year. Over the whole period it spent 91% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Shalem School sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Oak Health Foundation ($355k), Impact International Inc ($355k) and Sparkle Living Inc ($355k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $95k (19% of expenses). Other salaries and wages came to $144k. At year end it held assets of $114k against liabilities of $0, net assets of $114k. It reported 12 employees.
Income and spending
Where the income comes from
- Contributions & grants 74%
- Program services 26%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Oak Health Foundation | Laguna Hills | $355k |
| Impact International Inc | Carrollton | $355k |
| Sparkle Living Inc | Corinth | $355k |
| Christ Is the Answer Ministries Inc | Sanford | $355k |