Single Parent Resource

Analysis

Single Parent Resource is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Single Parent Resource reported income of $844k and spending of $780k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $968k to $844k (-13%), an average of -3.4% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Single Parent Resource sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Kirkland Foundation ($844k), Expressions of Love Outreach Foundation Inc ($844k) and Gbcanada USA ($843k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $179k (23% of expenses). Other salaries and wages came to $228k. At year end it held assets of $1.3m against liabilities of $487k, net assets of $792k. It reported 7 employees.