Francis Parker School

Analysis

Francis Parker School is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in October 1943, 83 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 2023, Francis Parker School reported income of $58.1m and spending of $50.9m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $44.1m to $58.1m (+32%), an average of +7.1% a year. The sharpest change came in the year to June 2020, when income rose by 29%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Francis Parker School sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Spence School ($58.1m), Fuller Theological Seminary ($58.1m) and Spring Arbor University ($57.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.2% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $976k (1.9% of expenses). Other salaries and wages came to $21.9m. At year end it held assets of $231.8m against liabilities of $121.2m, net assets of $110.6m. It reported 487 employees.