Parkside Home

Analysis

Parkside Home is a registered charity in United States, based in Lisbon, ND. It received its IRS tax-exemption ruling in November 1961, 65 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Parkside Home reported income of $5.4m and spending of $5.1m, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.1m to $5.4m (+31%), an average of +7.0% a year. The sharpest change came in the year to June 2022, when income rose by 15%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Parkside Home sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within ND. Charities of a similar size with the same main cause include Haven House Inc ($5.4m), Transitional Resources ($5.4m) and Momentum Wheels for Humanity ($5.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.3% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $233k (4.6% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $3.0m against liabilities of $2.0m, net assets of $1.1m. It reported 81 employees.