Parker Core Knowledge Inc

Analysis

Parker Core Knowledge Inc is a registered charity in United States, based in Parker, CO. It received its IRS tax-exemption ruling in April 2016, 10 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, Parker Core Knowledge Inc reported income of $10.2m and spending of $8.9m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.1m to $10.2m (+26%), an average of +5.9% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Parker Core Knowledge Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CO. Charities of a similar size with the same main cause include Creo College Preparatory Charter School ($10.2m), United Charter High School for Advanced Math and Science ($10.2m) and Northwest Christian Schools Inc ($10.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.9% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $288k (3.2% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $17.5m against liabilities of $21.1m, net assets of -$3.5m. It reported 160 employees.