Palo Alto Friends Nursery School
Analysis
Palo Alto Friends Nursery School is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in August 1974, 52 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2024, Palo Alto Friends Nursery School reported income of $575k and spending of $519k, spending 90% of its income. Across the 5 years on record, from July 2019 to July 2024, income grew from $482k to $575k (+19%), an average of +4.6% a year. The sharpest change came in the year to July 2020, when income rose by 24%. Over the whole period it spent 95% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Palo Alto Friends Nursery School sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Ottumwa Christian School ($575k), Healthbarn Foundation Inc ($575k) and Faith Mennonite High School ($575k).
On its Form 990 for the period ending July 2024, revenue came from contributions and grants 7.5% and program service revenue 90% of the total. Other salaries and wages came to $357k. At year end it held assets of $439k against liabilities of $55k, net assets of $384k. It reported 8 employees.
Income and spending
Where the income comes from
- Contributions & grants 7.5%
- Program services 90%
- Other 2.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ottumwa Christian School | Ottumwa | $575k |
| Healthbarn Foundation Inc | East Rutherford | $575k |
| Faith Mennonite High School | Kinzers | $575k |
| Fairmount Community Library Association | Syracuse | $575k |