University Club of Palo Alto Scholarship Fund

Analysis

University Club of Palo Alto Scholarship Fund is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in May 1961, 65 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 2024, University Club of Palo Alto Scholarship Fund reported income of $548k and spending of $155k, leaving 72% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $86k to $548k (+535%), an average of +59% a year. The sharpest change came in the year to June 2021, when income rose by 329%. Over the whole period it spent 36% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University Club of Palo Alto Scholarship Fund sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Youth Leadership Foundation Inc ($548k), National Johnson-O Malley Foundation ($548k) and Tzohar Halev Inc ($548k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 53% of the total. At year end it held assets of $3.1m against liabilities of $0, net assets of $3.1m.