Operation Parent Inc

Analysis

Operation Parent Inc is a registered charity in United States, based in Lagrange, KY. It received its IRS tax-exemption ruling in December 2023, 3 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Operation Parent Inc reported income of $878k and spending of $699k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $269k to $878k (+226%), an average of +34% a year. The sharpest change came in the year to December 2022, when income rose by 68%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Operation Parent Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within KY. Charities of a similar size with the same main cause include Vina Community Dental Center ($878k), Kourage Health Inc ($878k) and Oneway Restoration Ministries ($878k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% of the total. Compensation of current officers, directors and key employees was $49k (7.0% of expenses). Other salaries and wages came to $344k. At year end it held assets of $865k against liabilities of $217k, net assets of $648k. It reported 9 employees.