Paddington Station Inc

Analysis

Paddington Station Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Paddington Station Inc reported income of $4.0m and spending of $3.7m, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.4m to $4.0m (+70%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 30%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Paddington Station Inc 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 91st percentile, and in the 91st percentile within CO. Charities of a similar size with the same main cause include P B & J Family Services Inc ($4.0m), Summit Charter School Inc ($4.0m) and Cypress School of San Francisco ($4.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 8.9% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $170k (4.6% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $6.5m against liabilities of $1.9m, net assets of $4.6m. It reported 73 employees.