Schools with No Walls

Analysis

Schools with No Walls is a registered charity in United States, based in Santa Clarita, CA. It received its IRS tax-exemption ruling in October 2022, 4 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 December 2023, Schools with No Walls reported income of $66k and spending of $51k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $44k to $66k (+50%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Schools with No Walls sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include Measure for Measure - a Mens Choral Society ($66k), PTA Kentucky Congress ($66k) and Terrebonne Economic Development Foundation ($66k).

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