Parkside School

Analysis

Parkside School is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1988, 38 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Parkside School reported income of $7.0m and spending of $5.7m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.2m to $7.0m (+35%), an average of +7.7% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Parkside School 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 94th percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Talmudic College of Florida Inc ($7.0m), Neighborhood Housing Services of Toledo Inc ($7.0m) and Montgomery County Womens Center ($7.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $632k (11% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $12.8m against liabilities of $571k, net assets of $12.3m. It reported 90 employees.