Menlo Park-Atherton Education Foundation

Analysis

Menlo Park-Atherton Education Foundation is a registered charity in United States, based in Atherton, CA. It received its IRS tax-exemption ruling in March 1983, 43 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Menlo Park-Atherton Education Foundation reported income of $6.2m and spending of $5.2m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.5m to $6.2m (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2022, when income rose by 41%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Menlo Park-Atherton Education Foundation sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include University of Arizona Applied Research Corporation ($6.2m), Acorn Montessor Charter School Inc ($6.2m) and First Presbyterian Academy Inc ($6.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $138k (2.7% of expenses). Other salaries and wages came to $93k. At year end it held assets of $11.9m against liabilities of $3.9m, net assets of $8.1m. It reported 5 employees.