Help for Parents Network

Analysis

Help for Parents Network is a registered charity in United States, based in Cherry Hill, NJ. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Help for Parents Network reported income of $296k and spending of $345k, spending 117% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $215k to $296k (+38%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 123% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Help for Parents Network sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 68th percentile within NJ. Charities of a similar size with the same main cause include Songeas Kids ($296k), Kings Table Ministries ($296k) and Parents Helping Parents of Wyoming Inc ($296k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.8% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $92k (27% of expenses). Other salaries and wages came to $176k. At year end it held assets of $3,828 against liabilities of $0, net assets of $3,828. It reported 4 employees.

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.