Parris Foundation

Analysis

Parris Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2010, 16 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Parris Foundation reported income of $429k and spending of $406k, spending 95% of its income. Across the 6 years on record, from September 2018 to September 2023, income grew from $259k to $429k (+66%), an average of +11% a year. The sharpest change came in the year to September 2021, when income rose by 103%. Over the whole period it spent 108% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Parris Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Lesley & Rhyan Prather Foundation ($429k), The Goodell Project ($430k) and United Way of Hernando County Inc ($429k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $124k. At year end it held assets of $766k against liabilities of $699k, net assets of $67k. It reported 3 employees.