Parent to Parent of New York State

Analysis

Parent to Parent of New York State is a registered charity in United States, based in Schenectady, NY. It received its IRS tax-exemption ruling in October 2001, 25 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 December 2023, Parent to Parent of New York State reported income of $579k and spending of $582k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $969k to $579k (-40%), an average of -12% a year. The sharpest change came in the year to December 2021, when income dropped by 24%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Parent to Parent of New York State sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include St Vincent de Paul Society of Wisconsin Dells Inc ($579k), Family Connections Center Inc ($579k) and Senior Ride Nashville Inc ($579k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $93k (16% of expenses). Other salaries and wages came to $314k. At year end it held assets of $642k against liabilities of $523k, net assets of $119k. It reported 23 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.