Parent Education Program Inc

Analysis

Parent Education Program Inc is a registered charity in United States, based in Olean, NY. It received its IRS tax-exemption ruling in October 1990, 36 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, Parent Education Program Inc reported income of $1.2m and spending of $1.1m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.7m to $1.2m (-26%), an average of -7.2% a year. The sharpest change came in the year to June 2021, when income dropped by 38%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Parent Education Program Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Journeys Community Center Incorporated ($1.2m), Allone Charities ($1.2m) and International Society of Behavioral Nutrition and Physical Activity ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $111k (9.8% of expenses). Other salaries and wages came to $641k. At year end it held assets of $582k against liabilities of $22k, net assets of $560k. It reported 17 employees.