Prescott Parents

Analysis

Prescott Parents is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Prescott Parents reported income of $136k and spending of $59k, leaving 57% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $30k to $136k (+360%), an average of +114% a year. The sharpest change came in the year to December 2022, when income rose by 242%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Prescott Parents sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within IL. Charities of a similar size with the same main cause include Community Services and Research Center Inc ($136k), Prairie View Junior High PTO ($136k) and James Lewis Educationn & Tennis Foundation Inc ($136k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 139% of the total. At year end it held assets of $167k against liabilities of $0, net assets of $167k.