Parish Collective

Analysis

Parish Collective is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Parish Collective reported income of $539k and spending of $364k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $902k to $539k (-40%), an average of -12% a year. The sharpest change came in the year to December 2022, when income rose by 288%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Parish Collective sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within IL. Charities of a similar size with the same main cause include Sugartree Ministry Center ($539k), Alpha and Omega Ministries Inc ($539k) and Pariyatti ($539k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $65k (18% of expenses). Other salaries and wages came to $63k. At year end it held assets of $357k against liabilities of $0, net assets of $357k. It reported 3 employees.