Parc Endowment Fund Number 2 Founded by Alwayne B Gunderson

Analysis

Parc Endowment Fund Number 2 Founded by Alwayne B Gunderson is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in December 2010, 16 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 September 2023, Parc Endowment Fund Number 2 Founded by Alwayne B Gunderson reported income of $83k and spending of $57k, leaving 31% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $93k to $83k (-11%), an average of -3.0% a year. The sharpest change came in the year to September 2021, when income rose by 251%. Over the whole period it spent 56% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Parc Endowment Fund Number 2 Founded by Alwayne B Gunderson sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 35th percentile within FL. Charities of a similar size with the same main cause include Needham Athletic Boosters Club Inc ($83k), The Tarahumara Childrens Hospital Fund ($83k) and Cardinal Athletic Booster Club ($83k).

At year end it held assets of $2.3m against liabilities of $1,800, net assets of $2.3m.