Parents Alliance Employment Project

Analysis

Parents Alliance Employment Project is a registered charity in United States, based in Lisle, IL. It received its IRS tax-exemption ruling in December 1983, 43 years ago. Its declared purposes cover employment, which this site groups under community and economic 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 June 2023, Parents Alliance Employment Project reported income of $1.4m and spending of $1.5m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $963k to $1.4m (+50%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Parents Alliance Employment Project sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within IL. Charities of a similar size with the same main cause include Arkansas Venture Center ($1.4m), Transitions Centers Inc ($1.4m) and Plumbers and Pipefitters Local Union No 630 Joint Apprentice and ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 6.5% of the total. Compensation of current officers, directors and key employees was $118k (8.1% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $1.2m against liabilities of $328k, net assets of $912k. It reported 48 employees.