Shorenorth Parent Education Center

Analysis

Shorenorth Parent Education Center is a registered charity in United States, based in Shoreline, WA. It received its IRS tax-exemption ruling in June 1983, 43 years ago. 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 2023, Shorenorth Parent Education Center reported income of $75k and spending of $82k, spending 110% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $69k to $75k (+8.2%), an average of +8.2% a year. Over the whole period it spent 131% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Shorenorth Parent Education Center sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 24th percentile within WA. Charities of a similar size with the same main cause include Legatus ($75k), Little League Baseball Inc ($75k) and Bstrong Together NFP ($75k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 72% of the total. At year end it held assets of $41k against liabilities of $5,673, net assets of $35k.