Parley Foundation

Analysis

Parley Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Parley Foundation reported income of $1.4m and spending of $1.1m, leaving 22% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $492k to $1.4m (+183%), an average of +42% a year. The sharpest change came in the year to December 2021, when income rose by 117%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Parley Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Precious Moments Foundation ($1.4m), United Way of Pinal County Inc ($1.4m) and Rio Verde Community Foundation Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.9% of the total. At year end it held assets of $156k against liabilities of $122k, net assets of $34k.