Parentz Work

Analysis

Parentz Work is a registered charity in United States, based in Victorville, CA. It received its IRS tax-exemption ruling in September 2011, 15 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 2024, Parentz Work reported income of $73k and spending of $72k, spending 99% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $97k to $73k (-24%), an average of -24% a year. The sharpest change came in the year to June 2024, when income dropped by 24%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Parentz Work sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Midori-Kai Inc ($73k), Westford Food Inc ($73k) and Crescent of Hernando Inc ($73k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $7,700 against liabilities of $3,977, net assets of $3,723.