Park City Reads

Analysis

Park City Reads is a registered charity in United States, based in Park City, UT. It received its IRS tax-exemption ruling in August 2015, 11 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, Park City Reads reported income of $174k and spending of $131k, leaving 25% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $169k to $174k (+2.5%), an average of +2.5% a year. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Park City Reads sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within UT. Charities of a similar size with the same main cause include Panacea Waterfronts Florida Partnership Inc ($174k), Community Homeschool Enrichment Center ($174k) and Kansas Head Start Association ($174k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $261k against liabilities of $4,879, net assets of $256k.