Park Tudor Trust

Analysis

Park Tudor Trust is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in November 1970, 56 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Park Tudor Trust reported income of $353k and spending of $3.0m, spending 846% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.2m to $353k (-89%), an average of -42% a year. The sharpest change came in the year to June 2021, when income rose by 130%. Over the whole period it spent 215% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Park Tudor Trust sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within IN. Charities of a similar size with the same main cause include I Fly Young Inc ($353k), Thomasville Antiques Show Foundation Inc ($353k) and Charter Facilities Support Corporation ($353k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% of the total. At year end it held assets of $82.8m against liabilities of $1.7m, net assets of $81.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.