Parshall Resource Center Inc

Analysis

Parshall Resource Center Inc is a registered charity in United States, based in Parshall, ND. It received its IRS tax-exemption ruling in July 1994, 32 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, Parshall Resource Center Inc reported income of $768k and spending of $824k, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $565k to $768k (+36%), an average of +8.0% a year. The sharpest change came in the year to June 2021, when income dropped by 22%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Parshall Resource Center Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within ND. Charities of a similar size with the same main cause include Laakea Village ($768k), Toni and Trish House Care for the Terminally Ill ($768k) and Minnesota One-Stop for Communities ($768k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $49k (5.9% of expenses). Other salaries and wages came to $256k. At year end it held assets of $86k against liabilities of $0, net assets of $86k. It reported 29 employees.