Parakaleo International

Analysis

Parakaleo International is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Parakaleo International reported income of $596k and spending of $823k, spending 138% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $442k to $596k (+35%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 87%. Over the whole period it spent 89% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Parakaleo International sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include Presidential Precinct ($596k), Professionals International ($596k) and Lev Echad ($595k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $319k against liabilities of -$877, net assets of $319k.