Parker School

Analysis

Parker School is a registered charity in United States, based in Kamuela, HI. It received its IRS tax-exemption ruling in January 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 June 2023, Parker School reported income of $16.9m and spending of $9.0m, leaving 47% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.7m to $16.9m (+118%), an average of +22% a year. The sharpest change came in the year to June 2021, when income rose by 104%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Parker School sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within HI. Charities of a similar size with the same main cause include Windham Woods School Inc ($16.9m), St Georges Independent School ($16.9m) and Hamburger Home ($16.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $393k (4.4% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $80.7m against liabilities of $1.1m, net assets of $79.6m. It reported 120 employees.