Mt Scott Park Center for Learning Inc

Analysis

Mt Scott Park Center for Learning Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in May 1997, 29 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 August 2023, Mt Scott Park Center for Learning Inc reported income of $2.5m and spending of $2.0m, spending 80% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.6m to $2.5m (+57%), an average of +12% a year. The sharpest change came in the year to August 2020, when income rose by 31%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mt Scott Park Center for Learning Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within OR. Charities of a similar size with the same main cause include Somerset Academy Arizona Inc ($2.5m), Kentucky Mountain Bible College Incorporated ($2.5m) and American Hebrew Academy Inc ($2.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $129k (6.3% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $4.4m against liabilities of $956k, net assets of $3.5m. It reported 23 employees.