Single Parent in Need Foundation

Analysis

Single Parent in Need Foundation is a registered charity in United States, based in Encino, CA. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover mental health and crisis intervention, 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 December 2022, Single Parent in Need Foundation reported income of $252k and spending of $165k, leaving 34% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $250k to $252k (+0.8%), an average of +0.3% a year. The sharpest change came in the year to December 2022, when income rose by 143%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Single Parent in Need Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Gestalt Training Institute of Philadelphia ($252k), Healthcare Foundation of Cleveland County ($252k) and All Individuals First Incorporated ($252k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $60k (36% of expenses). At year end it held assets of $190k against liabilities of $177, net assets of $190k.