Cair Paravel Latin School Inc

Analysis

Cair Paravel Latin School Inc is a registered charity in United States, based in Topeka, KS. It received its IRS tax-exemption ruling in April 1981, 45 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 May 2023, Cair Paravel Latin School Inc reported income of $4.4m and spending of $4.2m, spending 94% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $3.3m to $4.4m (+35%), an average of +7.7% a year. The sharpest change came in the year to May 2021, when income rose by 49%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cair Paravel Latin School Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within KS. Charities of a similar size with the same main cause include Foundation for the Baltimore Leadership School for Young Women ($4.4m), Geneva College Foundation ($4.4m) and Butler Community College Foundation ($4.4m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $97k (2.3% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $6.0m against liabilities of $880k, net assets of $5.1m. It reported 126 employees.