Community Parents Head Start Corporation

Analysis

Community Parents Head Start Corporation is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 1989, 37 years ago. 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 March 2023, Community Parents Head Start Corporation reported income of $5.5m and spending of $5.8m, spending 105% of what it took in. Across the 4 years on record, from March 2020 to March 2023, income grew from $3.6m to $5.5m (+56%), an average of +16% a year. The sharpest change came in the year to March 2021, when income rose by 37%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Parents Head Start Corporation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Androscoggin Valley Council of Governments ($5.5m), Marshfield Area YMCA Inc ($5.5m) and Response of Suffolk County Inc ($5.5m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $2.8m. At year end it held assets of $728k against liabilities of $858k, net assets of -$131k. It reported 64 employees.