Parkers Purpose

Analysis

Parkers Purpose is a registered charity in United States, based in Fremont, OH. It received its IRS tax-exemption ruling in July 2011, 15 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 January 2024, Parkers Purpose reported income of $76k and spending of $115k, spending 152% of what it took in. Across the 2 years on record, from January 2023 to January 2024, income fell from $85k to $76k (-11%), an average of -11% a year. Over the whole period it spent 149% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Parkers Purpose 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 30th percentile, and in the 30th percentile within OH. Charities of a similar size with the same main cause include West Stanly Community Center Foundation Inc ($76k), Secret Families of Randolph County Inc ($76k) and Daylight Center and School Inc ($76k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 87% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.