Parkinson Research Foundation Inc

Analysis

Parkinson Research Foundation Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in December 2003, 23 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Parkinson Research Foundation Inc reported income of $2.4m and spending of $2.2m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.5m to $2.4m (-4.6%), an average of -1.2% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Parkinson Research Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Neurosurgery Foundation at Goodman Campbell Inc ($2.4m), Merci Clinic ($2.4m) and 2-1-1 New York Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $176k (7.9% of expenses). Other salaries and wages came to $123k. It paid $30k in professional fundraising fees. At year end it held assets of $2.7m against liabilities of $138k, net assets of $2.5m. It reported 5 employees.