Paris Junior College Memorial Fund Foundation

Analysis

Paris Junior College Memorial Fund Foundation is a registered charity in United States, based in Paris, TX. It received its IRS tax-exemption ruling in December 1946, 80 years ago. 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 August 2023, Paris Junior College Memorial Fund Foundation reported income of $2.8m and spending of $1.1m, leaving 59% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.2m to $2.8m (+138%), an average of +24% a year. The sharpest change came in the year to August 2021, when income rose by 1322%. Over the whole period it spent 54% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Paris Junior College Memorial Fund Foundation 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 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Presbyterian Homes Foundation Inc ($2.8m), Cran Hill Ministries ($2.8m) and Minn-Iowa Christian Broadcasting Inc ($2.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 6.4% of the total. At year end it held assets of $33.7m against liabilities of $0, net assets of $33.7m.