Parkinson Study Group Inc

Analysis

Parkinson Study Group Inc is a registered charity in United States, based in East Boston, MA. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 September 2023, Parkinson Study Group Inc reported income of $721k and spending of $676k, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $225k to $721k (+221%), an average of +34% a year. The sharpest change came in the year to September 2022, when income rose by 137%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Parkinson Study Group Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MA. Charities of a similar size with the same main cause include On Our Own Charlottesville Va Inc ($721k), Mamakating First Aid & Rescue Squad ($721k) and John L Locke Jr Charitable Trust ($721k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Other salaries and wages came to $95k. At year end it held assets of $1.2m against liabilities of $96k, net assets of $1.1m. It reported 1 employees.