Park Side Management Inc

Analysis

Park Side Management Inc is a registered charity in United States, based in Oakland, MD. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Park Side Management Inc reported income of $117k and spending of $208k, spending 178% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $111k to $117k (+5.1%), an average of +1.2% a year. Over the whole period it spent 171% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Park Side Management Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within MD. Charities of a similar size with the same main cause include Medina Creative Living III Inc ($117k), Alliance for Housing Inc ($117k) and Macoupin Housing Services ($117k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $2.2m against liabilities of $19k, net assets of $2.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.