Parker Foundation Inc

Analysis

Parker Foundation Inc is a registered charity in United States, based in Piscataway, NJ. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Parker Foundation Inc reported income of $80.0m and spending of $4.3m, leaving 95% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $66.8m to $80.0m (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2021, when income rose by 121%. Over the whole period it spent 3.8% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Parker Foundation Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NJ. Charities of a similar size with the same main cause include Nicholas H Noyes Memorial Hospital ($80.0m), High Point Treatment Center ($80.0m) and New York Gracie Square Hospital Inc ($80.0m).

At year end it held assets of $1.77bn against liabilities of $1.6m, net assets of $1.77bn.