Paridise Inc

Analysis

Paridise Inc is a registered charity in United States, based in Cuyahoga FLS, OH. It received its IRS tax-exemption ruling in November 1976, 50 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Paridise Inc reported income of $62k and spending of $169k, spending 273% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $73k to $62k (-15%), an average of -3.3% a year. The sharpest change came in the year to December 2021, when income rose by 177%. Over the whole period it spent 120% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Paridise Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within OH. Charities of a similar size with the same main cause include Mood Disorders Support Group Inc ($62k), Amarillo Crime Stoppers Inc ($62k) and National Junior Basketball ($62k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.6% of the total. Other salaries and wages came to $43k. At year end it held assets of $344k against liabilities of $13k, net assets of $331k. It reported 14 employees.