Menlo School and Menlo College

Analysis

Menlo School and Menlo College is a registered charity in United States, based in Atherton, CA. It received its IRS tax-exemption ruling in July 1949, 77 years ago. 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 June 2023, Menlo School and Menlo College reported income of $74k and spending of $94k, spending 126% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $112k to $74k (-34%), an average of -34% a year. The sharpest change came in the year to June 2023, when income dropped by 34%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Menlo School and Menlo College sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Kilgore Memorial Library Foundation Inc ($74k), Buffalo Choral Arts Society ($74k) and Wise County Council on Alcohol & Drug Abuse ($74k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $291k against liabilities of $0, net assets of $291k.