Parkmead Education Resources Council

Analysis

Parkmead Education Resources Council is a registered charity in United States, based in Walnut Creek, CA. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Parkmead Education Resources Council reported income of $119k and spending of $94k, leaving 21% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $50k to $119k (+137%), an average of +137% a year. The sharpest change came in the year to June 2023, when income rose by 137%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Parkmead Education Resources Council sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Care to Share Cancer Support Group of Bourbon County Kansas Inc ($119k), Grapevine Community Sailing Education Fund ($119k) and Georgia Association for Nursing Education Inc ($119k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 18% of the total. At year end it held assets of $324k against liabilities of $0, net assets of $324k.