Parent Share and Support Inc

Analysis

Parent Share and Support Inc is a registered charity in United States, based in Oelwein, IA. It received its IRS tax-exemption ruling in March 1982, 44 years ago. 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, Parent Share and Support Inc reported income of $107k and spending of $133k, spending 124% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $140k to $107k (-23%), an average of -23% a year. The sharpest change came in the year to June 2023, when income dropped by 23%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Parent Share and Support Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within IA. Charities of a similar size with the same main cause include Acacia Theatre Company Inc ($107k), Trumpets of Christ International Afcm City Plex ($107k) and PTA California Congress of Parents Teachers & Students Inc ($107k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $17k against liabilities of $865, net assets of $16k.