Houston Area Parkinson Society

Analysis

Houston Area Parkinson Society is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 1975, 51 years ago. 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, Houston Area Parkinson Society reported income of $1.5m and spending of $1.1m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.5m (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Houston Area Parkinson Society sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include California Grocers Association Educational Foundation ($1.5m), Associated Schools of Construction ($1.5m) and Asf Foundation Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $129k (11% of expenses). Other salaries and wages came to $381k. At year end it held assets of $2.2m against liabilities of $114k, net assets of $2.1m. It reported 9 employees.