Parami Liberal Arts & Sciences Fund

Analysis

Parami Liberal Arts & Sciences Fund is a registered charity in United States, based in Accord, NY. It received its IRS tax-exemption ruling in March 2020, 6 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, Parami Liberal Arts & Sciences Fund reported income of $304k and spending of $177k, leaving 42% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.6m to $304k (-81%), an average of -56% a year. The sharpest change came in the year to December 2022, when income dropped by 71%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Parami Liberal Arts & Sciences Fund sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Magic Grants ($304k), Big Sky Parent Teacher Organization ($304k) and Community Enhancement Foundation of Plains ($304k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $536k against liabilities of $0, net assets of $536k.