Park View Care Center

Analysis

Park View Care Center is a registered charity in United States, based in Edina, MN. It received its IRS tax-exemption ruling in February 1975, 51 years ago. 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 December 2023, Park View Care Center reported income of $14.5m and spending of $13.2m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.9m to $14.5m (+13%), an average of +3.1% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Park View Care Center 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 96th percentile, and in the 96th percentile within MN. Charities of a similar size with the same main cause include The Housing Company ($14.5m), Lutheran Home of Jamaica Plain Inc ($14.5m) and St Michaels Home Inc ($14.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. Other salaries and wages came to $7.6m. At year end it held assets of $6.2m against liabilities of $2.6m, net assets of $3.6m. It reported 267 employees.