The Parents Association of the Salk School of Science

Analysis

The Parents Association of the Salk School of Science is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, The Parents Association of the Salk School of Science reported income of $137k and spending of $185k, spending 135% of what it took in. Across the 4 years on record, from June 2019 to June 2024, income fell from $223k to $137k (-39%), an average of -15% a year. The sharpest change came in the year to June 2022, when income dropped by 61%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Parents Association of the Salk School of Science sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Estes Park Education Foundation Inc ($137k), Frontier Blue Crew Band Boostersinc ($137k) and Supercomputing Challenge ($137k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 44% and program service revenue 4.4% of the total. At year end it held assets of $357k against liabilities of $0, net assets of $357k.