Parents United for Better Schools

Analysis

Parents United for Better Schools is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in November 1986, 40 years ago. 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, Parents United for Better Schools reported income of $545k and spending of $641k, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $560k to $545k (-2.7%), an average of -0.7% a year. Over the whole period it spent 148% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Parents United for Better Schools sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within PA. Charities of a similar size with the same main cause include Sutton Christian Schools Inc ($545k), Malone Callfiremen Inc ($545k) and Al-Noor Society of Greater Houston ($545k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 95% of the total. At year end it held assets of $9.2m against liabilities of $6.3m, net assets of $2.9m.