Paris Foundation

Analysis

Paris Foundation is a registered charity in United States, based in Elkton, MD. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Paris Foundation reported income of $439k and spending of $370k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $427k to $439k (+2.7%), an average of +0.7% a year. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Paris Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within MD. Charities of a similar size with the same main cause include Santiagos Charities ($439k), Family Promise of the Midlands Inc ($439k) and My Village Ministries ($439k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $59k (16% of expenses). Other salaries and wages came to $46k. At year end it held assets of $259k against liabilities of $751, net assets of $258k. It reported 3 employees.