Francis E Parker Assisted Living Center Inc

Analysis

Francis E Parker Assisted Living Center Inc is a registered charity in United States, based in Piscataway, NJ. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Francis E Parker Assisted Living Center Inc reported income of $4.5m and spending of $8.7m, spending 191% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.1m to $4.5m (+10%), an average of +2.5% a year. Over the whole period it spent 198% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Francis E Parker Assisted Living Center Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NJ. Charities of a similar size with the same main cause include Meals on Wheels Etc Inc ($4.5m), Young Adult Development in Action ($4.5m) and Interfaith Assistance Ministry Inc ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $3.7m. At year end it held assets of $18.6m against liabilities of $227k, net assets of $18.3m. It reported 72 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.