Palisades Enrichment Programs a Non Profit Corporation

Analysis

Palisades Enrichment Programs a Non Profit Corporation is a registered charity in United States, based in Pacific PLSDS, CA. It received its IRS tax-exemption ruling in November 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 2024, Palisades Enrichment Programs a Non Profit Corporation reported income of $1.0m and spending of $1.1m, spending 108% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $736k to $1.0m (+40%), an average of +8.8% a year. The sharpest change came in the year to June 2022, when income rose by 73%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Palisades Enrichment Programs a Non Profit Corporation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include STEM Greenhouse Inc ($1.0m), Our Lady of the Sacred Heart Basic Studies ($1.0m) and Kentucky Entrepreneurship Education Network ($1.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $813k against liabilities of $0, net assets of $813k.