The Paris Review Foundation Inc

Analysis

The Paris Review Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2023, The Paris Review Foundation Inc reported income of $3.8m and spending of $3.4m, spending 91% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $2.7m to $3.8m (+39%), an average of +8.7% a year. The sharpest change came in the year to November 2022, when income rose by 67%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Paris Review Foundation Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include The Rise School of Austin ($3.8m), Redding Christian School ($3.8m) and Association of Schools and Colleges of Optometry Inc ($3.8m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 35% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $422k (12% of expenses). Other salaries and wages came to $734k. At year end it held assets of $11.3m against liabilities of $1.6m, net assets of $9.7m. It reported 20 employees.