Parkway Alumni Association

Analysis

Parkway Alumni Association is a registered charity in United States, based in Chesterfield, MO. It received its IRS tax-exemption ruling in July 1996, 30 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 December 2023, Parkway Alumni Association reported income of $338k and spending of $67k, leaving 80% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $125k to $338k (+171%), an average of +171% a year. The sharpest change came in the year to December 2023, when income rose by 171%. Over the whole period it spent 26% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Parkway Alumni Association sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within MO. Charities of a similar size with the same main cause include Dr Martin Luther King Parade Foundation Inc ($338k), St John Paul II Independent School Inc ($338k) and Making the Right Connections Inc ($338k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $496k against liabilities of $0, net assets of $496k.