Parkinson Music Ministries

Analysis

Parkinson Music Ministries is a registered charity in United States, based in Kingwood, TX. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Parkinson Music Ministries reported income of $121k and spending of $115k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $121k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Parkinson Music Ministries sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Christs International Ministry ($121k), Good Life Deliverance Ministries Incorporated ($122k) and Rosary Army Corp ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 54% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.