Parker University

Analysis

Parker University is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in October 1978, 48 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 August 2023, Parker University reported income of $82.2m and spending of $78.9m, spending 96% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $50.6m to $82.2m (+62%), an average of +13% a year. The sharpest change came in the year to August 2020, when income rose by 71%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Parker University sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Coalition for the Common Good ($82.1m), Ouachita Baptist University ($82.2m) and Evans Scholars Foundation ($82.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 6.8% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $1.6m (2.1% of expenses). Other salaries and wages came to $27.2m. At year end it held assets of $138.7m against liabilities of $22.0m, net assets of $116.7m. It reported 606 employees.