Working Parents Alliance Inc

Analysis

Working Parents Alliance Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending February 2023, Working Parents Alliance Inc reported income of $296k and spending of $351k, spending 119% of what it took in. Across the 4 years on record, from February 2019 to February 2023, income fell from $414k to $296k (-29%), an average of -11% a year. The sharpest change came in the year to February 2023, when income dropped by 24%. Over the whole period it spent 91% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Working Parents Alliance Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Boys & Girls Club of Cuero Inc ($295k), New Hope Community Development Corporation of Northern California ($296k) and Kedila Family Learning Center ($295k).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $74k (21% of expenses). Other salaries and wages came to $157k. At year end it held assets of $63k against liabilities of $16k, net assets of $47k. It reported 28 employees.