Parkinsons Association

Analysis

Parkinsons Association is a registered charity in United States, based in Solana Beach, CA. It received its IRS tax-exemption ruling in December 1993, 33 years ago. 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 August 2023, Parkinsons Association reported income of $353k and spending of $335k, spending 95% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $274k to $353k (+29%), an average of +8.8% a year. The sharpest change came in the year to August 2022, when income rose by 70%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Parkinsons Association sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Family Support Network of North Dakota Inc ($353k), Oakland County Cable Communications Corporation ($353k) and Cherry Creek School District Parent Teacher Community Council Inc ($353k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 106% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $109k (32% of expenses). Other salaries and wages came to $87k. At year end it held assets of $577k against liabilities of $17k, net assets of $559k. It reported 2 employees.