Parent Advocates for Spanish Immersion Inc

Analysis

Parent Advocates for Spanish Immersion Inc is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Parent Advocates for Spanish Immersion Inc reported income of $153k and spending of $88k, leaving 43% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $106k to $153k (+44%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 80%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Parent Advocates for Spanish Immersion Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 44th percentile within SD. Charities of a similar size with the same main cause include Songwriters Association of Mid North Indiana ($153k), Bridgetown Conservatory of Musical Theatre ($153k) and Carnegie Center of Columbia Tusculum ($153k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 26% of the total. At year end it held assets of $360k against liabilities of $0, net assets of $360k.