Children and Parent Resource Group Inc

Analysis

Children and Parent Resource Group Inc is a registered charity in United States, based in High Point, NC. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 September 2023, Children and Parent Resource Group Inc reported income of $255k and spending of $484k, spending 190% of what it took in. Across the 6 years on record, from December 2018 to September 2023, income fell from $1.1m to $255k (-77%), an average of -26% a year. The sharpest change came in the year to September 2022, when income rose by 492%. Over the whole period it spent 108% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Children and Parent Resource Group Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NC. Charities of a similar size with the same main cause include SC Ranch Inc ($255k), Umch Foundation ($256k) and Brandon Foundation ($255k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $208k (43% of expenses). Other salaries and wages came to $62k. At year end it held assets of $61k against liabilities of $332k, net assets of -$271k. It reported 5 employees.