Panama Union School District Parent Council

Analysis

Panama Union School District Parent Council is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in October 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Panama Union School District Parent Council reported income of $755k and spending of $560k, leaving 26% of income unspent that year. Across the 4 years on record, from June 2019 to June 2023, income fell from $875k to $755k (-14%), an average of -4.8% a year. The sharpest change came in the year to June 2023, when income rose by 131%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Panama Union School District Parent Council sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Eastern Idaho Electrical Joint Apprentice Training Trust Tt-2 ($755k), Montessori Academy at Spring Valley ($755k) and Trinity Christian Academy of Missouri Inc ($755k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.3% and program service revenue 4.9% of the total. At year end it held assets of $893k against liabilities of $0, net assets of $893k.