Parent Infant Center

Analysis

Parent Infant Center is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in October 1981, 45 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Parent Infant Center reported income of $5.5m and spending of $5.7m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.7m to $5.5m (+18%), an average of +4.2% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Parent Infant Center sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within PA. Charities of a similar size with the same main cause include Pa Connecting Communities ($5.5m), Institute for the Puerto Rican Hispanic Elderly Inc ($5.5m) and Prosper Foundation ($5.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $139k (2.5% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $5.5m against liabilities of $1.9m, net assets of $3.5m. It reported 105 employees.