Parenting Network Inc

Analysis

Parenting Network Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in April 1977, 49 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Parenting Network Inc reported income of $1.7m and spending of $1.5m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.7m (+53%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 99% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Parenting Network Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within WI. Charities of a similar size with the same main cause include Canopy Center Inc ($1.7m), Pregnancy Support Clinic of Valdosta Inc ($1.7m) and North Florida Office of Public Guardian Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $143k (9.5% of expenses). Other salaries and wages came to $850k. At year end it held assets of $826k against liabilities of $86k, net assets of $739k. It reported 33 employees.