Park Tudor Foundation Inc

Analysis

Park Tudor Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in January 1938, 88 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Park Tudor Foundation Inc reported income of $31.1m and spending of $34.3m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $28.1m to $31.1m (+11%), an average of +2.6% a year. The sharpest change came in the year to June 2020, when income rose by 51%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Park Tudor Foundation Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IN. Charities of a similar size with the same main cause include Codepath Org ($31.1m), Heritage University ($31.1m) and Horatio Alger Association of Distinguished Americans Inc ($31.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $1.5m (4.3% of expenses). Other salaries and wages came to $12.8m. At year end it held assets of $68.0m against liabilities of $22.3m, net assets of $45.7m. It reported 391 employees.