Parkland School District Education Foundation

Analysis

Parkland School District Education Foundation is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in September 2011, 15 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, Parkland School District Education Foundation reported income of $435k and spending of $354k, spending 82% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $265k to $435k (+64%), an average of +13% a year. The sharpest change came in the year to June 2024, when income rose by 29%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Parkland School District Education Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within PA. Charities of a similar size with the same main cause include New Trier Township High School District 203 Educational Foundatio ($434k), Midway Isd Education Foundation ($435k) and Rural Schools Innovation Zone ($434k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $72k (20% of expenses). Other salaries and wages came to $8,425. At year end it held assets of $758k against liabilities of $0, net assets of $758k. It reported 2 employees.