Paris Education Foundation Inc

Analysis

Paris Education Foundation Inc is a registered charity in United States, based in Paris, TX. It received its IRS tax-exemption ruling in April 1990, 36 years ago. 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, Paris Education Foundation Inc reported income of $224k and spending of $292k, spending 130% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $203k to $224k (+10%), an average of +2.0% a year. The sharpest change came in the year to June 2021, when income rose by 47%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Paris Education Foundation Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include Operation Vet-Fit ($224k), Josiah Bartlett Center for Public Policy ($224k) and Riverside National Cemetary Support Committee ($224k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 32% of the total. Compensation of current officers, directors and key employees was $25k (8.7% of expenses). At year end it held assets of $3.1m against liabilities of $223k, net assets of $2.9m. It reported 1 employees.