Parents in Community Action

Analysis

Parents in Community Action is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in May 1971, 55 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 in Community Action reported income of $38.6m and spending of $35.4m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $31.2m to $38.6m (+24%), an average of +5.5% a year. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Parents in Community Action sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MN. Charities of a similar size with the same main cause include Tri-County Community Action Agency ($38.5m), Hospice of Surry County Inc ($38.6m) and Family & Community Services Inc ($38.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $710k (2.0% of expenses). Other salaries and wages came to $17.4m. At year end it held assets of $20.6m against liabilities of $2.5m, net assets of $18.1m. It reported 416 employees.