Paramount Education Partnership Inc

Analysis

Paramount Education Partnership Inc is a registered charity in United States, based in Paramount, CA. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Paramount Education Partnership Inc reported income of $128k and spending of $182k, spending 142% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $173k to $128k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Paramount Education Partnership Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include Harvard-Radcliffe Orchestra Foundation Inc ($128k), Roberts Elementary School PTO ($128k) and RHS Boys Hockey Blueline Club ($128k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $144k against liabilities of $0, net assets of $144k.