Parkinson Foundation of Western Pennsylvania

Analysis

Parkinson Foundation of Western Pennsylvania is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in June 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 Foundation of Western Pennsylvania reported income of $521k and spending of $785k, spending 151% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $532k to $521k (-2.0%), an average of -0.5% a year. Over the whole period it spent 110% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Parkinson Foundation of Western Pennsylvania sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within PA. Charities of a similar size with the same main cause include Holistic Riding Equestrian Therapy ($521k), Termeer Institute Inc ($521k) and Floyd Health Care Foundation Inc Floyd Medical Center ($521k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 5.8% of the total. Compensation of current officers, directors and key employees was $125k (16% of expenses). Other salaries and wages came to $311k. At year end it held assets of $43k against liabilities of $129k, net assets of -$86k. It reported 7 employees.