Pride of Parchment Schools

Analysis

Pride of Parchment Schools is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in November 2023, 3 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 June 2024, Pride of Parchment Schools reported income of $159k and spending of $182k, spending 114% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $99k to $159k (+61%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 285%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pride of Parchment Schools sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within MI. Charities of a similar size with the same main cause include Santa Rosa High School Panther Athletic Club ($159k), Orchard Park Elementary PTO Inc ($159k) and Minette Grosso McKenna Angel Foundation Inc ($159k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 9.9% of the total. At year end it held assets of $126k against liabilities of $0, net assets of $126k.