Palo Alto Community Child Care

Analysis

Palo Alto Community Child Care is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in July 1974, 52 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Palo Alto Community Child Care reported income of $10.6m and spending of $10.4m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.1m to $10.6m (+4.9%), an average of +1.2% a year. The sharpest change came in the year to June 2022, when income rose by 41%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Palo Alto Community Child Care sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Ho Ola Lahui Hawaii ($10.6m), Southfiled Village Inc ($10.6m) and New Jersey Reentry ($10.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 81% of the total. Other salaries and wages came to $6.1m. At year end it held assets of $7.3m against liabilities of $2.9m, net assets of $4.4m. It reported 143 employees.