Paul Quinn College

Analysis

Paul Quinn College is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in January 1960, 66 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, Paul Quinn College reported income of $16.9m and spending of $17.3m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $17.0m to $16.9m (-1.0%), an average of -0.2% a year. The sharpest change came in the year to June 2021, when income rose by 61%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Paul Quinn College sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include St Georges Independent School ($16.9m), Celebrate the Children Inc ($16.9m) and Parker School ($16.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $1.0m (5.9% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $44.5m against liabilities of $13.1m, net assets of $31.4m. It reported 422 employees.