Park Century School

Analysis

Park Century School is a registered charity in United States, based in Culver City, CA. It received its IRS tax-exemption ruling in April 1969, 57 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 June 2023, Park Century School reported income of $9.2m and spending of $7.7m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.9m to $9.2m (+2.4%), an average of +0.6% a year. 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, Park Century School sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include John Fitzgerald Kennedy Library Foundation Incorporated ($9.2m), El Paso Leadership Academy ($9.2m) and Mobius ($9.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $226k (3.0% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $36.1m against liabilities of $17.6m, net assets of $18.5m. It reported 132 employees.